Nifty 50 current price – 16411.25
Niftyfut current price – 16419.40
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 6th May 2022, it has closed at 16419.40 30min 20EMA – 16512
If today 09th May, it opens or moves above 16512, then it can move further till 16762.
Niftyfut Support: 16250 - 16000 15850.
Niftyfut Resistance: 16450 - 16567 - 16760 - 16850.
Niftyfut Range: 16000 - 17000 for this week (09th May to 13th May 2022).
Bank nifty current price – 34591.20
BankNifty Fut current price – 34632.35
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 6th May 2022, it has closed below 200 EMA - 36273.
If today 09th May - it opens above or moves above resistance level - 35645, then it can move further till 36350.
BankNifty Fut Support: 34717 - 34378 - 34000 - 33616.00
BankNifty Fut Resistance: 34930 - 35346 - 35740 -36241 - 36691 - 37246.
BankNifty Fut Range: 33600 - 36600 for this week (09th May to 13th May 2022).
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