Nifty and bank nifty index 01/06/22
Charts and index daily #97
Nifty 50 current price – 16584.55
Nifty future current price – 16577.60
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 31st May 2022, it closed at 16577.60 30min 20EMA – 16605.00
If today 1st Jun, it opens or moves above 16690, it can move further until 16861.00
if Nifty closes above 16690 and Banknifty, Nifty IT index starts to perform then nifty can reach 17062.40 in short term.
Niftyfut Support: 16562 - 16486 - 16362 - 16163 - 15935 - 15722.
Niftyfut Resistance: 16698 - 16762 - 16861 - 16957 - 17062.00
Niftyfut Range: 15975 - 16700 for this week (30th May to 03rd Jun 2022), if close above 16690 then nifty can move up higher in this week itself.
Bank nifty current price – 35487.40
BankNifty Fut current price – 35514.80
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 31st May 2022, it closed below 200 EMA - 35952.00
If today 01st Jun - opens above or moves above resistance level - 36040, it can move further till 36397.00
BankNifty Fut Support: 35117 - 35346 - 34930 - 34513 - 34280
BankNifty Fut Resistance: 35870 - 35740 - 35960 - 36050 - 36286 - 36400.
BankNifty Fut Range:Â 34380 - 36286Â for this week (30th May to 03rd Jun 2022).
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