Nifty and bank nifty index 05/09/22

Charts and index daily #162

Nifty 50 current price – 17539.45

Nifty future current price – 17562.75

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 02nd SEP 2022, it closed at 17562.75 30min 20EMA – 17587.54

If today 05th SEP, it opens or moves above 17610 it can move further until 17693.00

Niftyfut Support: 17540 - 17428 - 17334 - 17062 - 16861 - 16762.

Niftyfut Resistance: 17693 - 17853 - 17980 - 18091 - 18341 - 18500.

Niftyfut Range: 17062 - 17853 for this week (05th SEP to 09th SEP 2022).

Bank nifty current price – 39421.00

BankNifty Fut current price – 39542.25

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 02nd SEP 2022, it closed above 200 EMA - 36202.00

If today 05th SEP, it opens above or moves above a resistance level of 39890, bank nifty Fut can move till 40217.

BankNifty Fut Support: 39500 - 39210 - 39080 - 38754 - 38423 - 38189 - 37761.

BankNifty Fut Resistance: 39880 - 40217 - 40430 - 40770 - 41219 - 41364.40

BankNifty Fut Range: 36500 - 39890 for this week (05th SEP to 09th SEP 2022).

Kindly like, share, and subscribe to receive the newsletter directly in your email box.