Nifty and bank nifty index 05/05/23
Charts and index daily # 327
Nifty 50 current price - 18255.80
Nifty future current price – 18294.65
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 04th MAY 2023, MAY Fut - closed at 18294.65 - 30min 20EMA – 18219
If today, 05th MAY - it opens or moves above 18350 - it can move further until 18400
Niftyfut Support: 18240 - 18160 - 18020 -17850 - 17770 - 17690 - 17609 - 17541 - 17430 - 17200.
Niftyfut Resistance: 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 – 43685.45
BankNifty Fut current price – 43657.80
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 04th MAY 2023, it closed Above 200 EMA - 40530
If today, 05th MAY - it opens or moves above 43900 - it can move further until 44250
BankNifty Fut Support: 43380 - 43030 - 42500 - 42000 - 41530 - 41350 - 41050 - 40780
BankNifty Fut Resistance: 44000 - 44250 -No resistance.
BankNifty Fut Range: (40000 - 44000) for this week (01st May to 05th May 2023)