Nifty and bank nifty index 05/01/23
Charts and index daily #247
Nifty 50 current price – 18042.95
Nifty future current price – 18103.05
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 04th Jan 2023, it closed at 18103.05 30min 20EMA – 18180.00
If today 05th JAN, it opens or moves above 18260 - it can move further until 18376.00
Niftyfut Support: 18091 - 17900 - 17690 - 17422 - 17300 - 17100.
Niftyfut Resistance: 18170 - 18245 - 18376 - 18440 - 18600 - 18700
Niftyfut Range: (17850 - 18700) for this week (02nd Jan to 06th Jan 2023)
Bank nifty current price – 42958.80
BankNifty Fut current price – 43136.15
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 04th Jan 2023, it closed above 200 EMA - 39462.00
If today, 05th Jan - it opens or moves above 43590 - it can move further until 43890
BankNifty Fut Support: 43100 - 42750 - 42450 - 42300 - 42000 - 41820.
BankNifty Fut Resistance: 43500 - 43680 - 44020 - 44300 - No resistance.
BankNifty Fut Range:Â (41000 - 44300) for this week (02nd Jan to 06th Jan 2023)
Kindly like, share, and subscribe to receive the newsletter directly in your email box