Nifty and bank nifty index 08/11/23
Charts and index daily # 451
Nifty 50 current price - 19407
Nifty future current price – 19477
Nifty fut Outlook:
Nifty fut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 07th NOV 2023, NOV Fut - closed at 19477 - 30min 20EMA – 19450
If today, 08th NOV - Market may take support at 19340 and resistance at 19490,
Above 19500 it can go to 19750
Nifty fut Support: 19000 - 18700 - 18500 - 18350
Nifty fut Resistance: 19400 - 19550 - 19750 - 19690 - 19980 - No resistance.
Nifty fut Range: (18500 - no range) for this week (06th NOV 2023 to 10th NOV 2023)
Bank nifty current price – 43738
BankNifty Fut current price – 43928
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 07th NOV 2023, NOV FUT closed below 200 EMA - 43345
If today, 08th NOV - if now starts price trade above 44000, it can move up to 45307
Bank Nifty Fut Support: 43590 - 43030 - 42500 - 42000
Bank Nifty Fut Resistance: 44000 - 44250 - 44750 - 45307 - No resistance.
Bank Nifty Fut Range: (42500 - No resistance) for this week (06th NOV 2023 to 10th NOV 2023) support broken, market may fall now, after 6 months of up and down.
