Nifty and bank nifty index 03/05/23

Charts and index daily # 325

Nifty 50 current price - 18147.65

Nifty future current price – 18213.15

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 02nd MAY 2023, MAY Fut - closed at 18213.15 - 30min 20EMA – 18168

If today, 03rd MAY - it opens or moves above 18240 - it can move further until 18350

Niftyfut Support: 18160 - 18020 -17850 - 17770 - 17690 - 17609 - 17541 - 17430 - 17200.

Niftyfut Resistance: 18240 - 18350 - 18500 - 18700 - 19000 - 19500.

Niftyfut Range: (17609 - 18486) for this week (01st May to 05th May 2023)

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Bank nifty current price – 43352.10

BankNifty Fut current price – 43367.25

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 02nd MAY 2023, it closed Above 200 EMA - 40440

If today, 03rd MAY - it opens or moves above 43350 - it can move further until 43580

BankNifty Fut Support: 43030 - 42500 - 42000 - 41530 - 41350 - 41050 - 40780

BankNifty Fut Resistance: 43380 - 43500 - 44000 - 44250 -No resistance.

BankNifty Fut Range: (37770 - 41850) for this week (01st May to 05th May 2023)