Nifty and bank nifty index 04/04/22

Charts and index daily #58

Nifty 50 current price – 17670.45

Niftyfut current price – 17713.00

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 1st Apr 2022, it has closed at 17713.00 30min 20EMA – 17597.33

If today 4th April, it opens above - 17597.33 and moves above the resistance level 17669, it can move further till 17897 - 18100.

Niftyfut Support: 17430 - 17306 - 17200 - 17000 - 16730.

Niftyfut Resistance: 17669 - 17897 - 18067 - 18200.

Niftyfut Range: 17000 - 18000 for this week (4th Apr to 8th Apr 2022).

BankNifty current price – 37148.50

BankNifty Fut current price – 37201.65

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 1st Apr 2022, it has closed above 200 EMA - 36120.12

If today 4th April - it opens above or moves above resistance level - 37770, then it can move further till 38423.40.

BankNifty Fut Support: 37041 - 36691 - 36539 - 36286 - 35740.

BankNifty Fut Resistance: 37246 - 37746 - 38400 - 38960.

BankNifty Fut Range: 35645 - 38423 for this week (4th April to 8th April 2022).

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