Nifty and bank nifty index 04/10/22

Charts and index daily #183

Nifty 50 current price – 16887.35

Nifty future current price – 16895.65

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 03rd OCT 2022, it closed at 16895.65 30min 20EMA – 16980.00

If today 04th OCT, it opens or moves above 17130 - it can move further until 17266.00

Niftyfut Support: 16860 - 16562 - 16486 - 16362 - 16097.

Niftyfut Resistance: 17062 - 17266 - 17428 - 17540 - 17670.

Niftyfut Range: 16562 - 17700 for this week (03rd OCT to 07th OCT 2022).

Bank nifty current price – 38029.65

BankNifty Fut current price – 38159.15

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 03rd OCT 2022, it closed above 200 EMA - 36905.00

If today 04th OCT, it opens above or moves above a resistance level of 38970, it can move further until 39200.

BankNifty Fut Support: 38110 - 37761 - 37372 - 37130 - 36900 - 36690.

BankNifty Fut Resistance: 38423 - 38617 - 38862 - 39208 - 39470 - 39889.

BankNifty Fut Range: 37600 - 40200 for this week (03rd OCT to 07th OCT 2022).

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