Nifty and bank nifty index 04/11/22

Charts and index daily #204

Nifty 50 current price – 18052.70

Nifty future current price – 18118.80

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 03rd NOV 2022, it closed at 18118.80 30min 20EMA – 18113.00

If today 4th NOV, it opens or moves above 18380 - it can move further until 18480.

Niftyfut Support: 18091 - 17980 - 17740 - 17670 - 17540.

Niftyfut Resistance: 18170 - 18245 - 18376 - 18500 - 18594 - No Resistance.

Niftyfut Range: 17350 - 18350 for this week (31st OCT to 04th Nov 2022)

Bank nifty current price – 41298.35

BankNifty Fut current price – 41458.65

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 03rd Nov 2022, it closed above 200 EMA - 37553.00

If today 4th nov, it opens above or moves above a resistance level of 41550, it can move further until 41850.

BankNifty Fut Support: 41364 - 41219- 40750 - 40430 - 40217 - 39850.

BankNifty Fut Resistance: 41500 - 41680 - 41820 - 42000 - No Resistance.

BankNifty Fut Range: 39200 - 41850 for this week (31st OCT to 04th Nov 2022).

If HDFCBANK close above 1470, then HDFCBANK can take Bank nifty to ALL TIME HIGH THIS WEEK.

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