Nifty and bank nifty index 07/09/23
Charts and index daily # 412
Nifty 50 current price - 19728
Nifty future current price – 19768
End of the analysis
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 06th SEP 2023, SEP Fut - closed at 19768 - 30min 20EMA – 19738
today, 07th SEP - Market crossed resistance at 19690 and closed higher at 19768 , do not trade anything in All-time high.
Niftyfut Support: 19750 - 19690 - 19550 - 19400 - 19000 - 18700 - 18500 - 18350 - 18240 - 18160 - 18020 -17850.
Niftyfut Resistance: 19980 - No resistance zone.
Niftyfut Range: (19000 - 20000) for this week (04th SEP 2023 to 08th SEP 2023)
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Bank nifty current price – 44878
BankNifty Fut current price – 45085
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 06th SEP 2023, it closed Above 200 EMA - 42822
today, 07th SEP - Price crossed 44780, and closed around 45045.
Bank Nifty Fut Support: 44750 - 44250 - 44000 - 43590 - 43030 - 42500 - 42000
Bank Nifty Fut Resistance: 45307 - No resistance.
Bank Nifty Fut Range: (43000 - No resistance) for this week (04th SEP 2023 to 08th SEP 2023)