Nifty and bank nifty index 01/09/23
Charts and index daily # 408
Nifty 50 current price - 19438
Nifty future current price – 19512
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 31st AUG 2023, AUG Fut - closed at 19512 - 30min 20EMA – 19418
If today, 01st SEP - Market may face resistance around 19543, do not trade anything in All-time high.
Niftyfut Support: 19400 - 19000 - 18700 - 18500 - 18350 - 18240 - 18160 - 18020 -17850.
Niftyfut Resistance: 19550 - 19690 - 19750 - 19980.
Niftyfut Range: (18575 - 19550) for this week (28th AUG 2023 to 01st SEP 2023)
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Bank nifty current price – 44460
BankNifty Fut current price – 44650
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 31st AUG 2023, it closed Above 200 EMA - 42776
If today, 01st SEP - if price moves up and its trade above 44500 - it can move further till 46000.
Bank Nifty Fut Support: 44250 - 44000 - 43590 - 43030 - 42500 - 42000
Bank Nifty Fut Resistance: 44750 - 45307 - No resistance.
Bank Nifty Fut Range: (43000 - No resistance) for this week (28th AUG 2023 to 01st SEP 2023)