Nifty and bank nifty index 09/11/22

Charts and index daily #206

Nifty 50 current price – 18202.80

Nifty future current price – 18264.15

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 07th NOV 2022, it closed at 18264.15 30min 20EMA – 18198.50

If today 9th NOV, it opens or moves above 18380 - it can move further until 18480.

Niftyfut Support: 18245 - 18170 - 18091 - 17980 - 17740 - 17670 - 17540.

Niftyfut Resistance: 18376 - 18500 - 18594 - No Resistance.

Niftyfut Range: 17350 - 18350 for this week (07th Nov to 11th Nov 2022)

Bank nifty current price – 41686.70

BankNifty Fut current price – 41845.00

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 07th Nov 2022, it closed above 200 EMA - 37633.00

If today 9th nov, it opens above or moves above a resistance level of 41850, then there is No resistance for banknifty , it can move higher.

BankNifty Fut Support: 41364 - 41219- 40750 - 40430 - 40217 - 39850.

BankNifty Fut Resistance: 41500 - 41680 - 41820 - 42000 - No Resistance.

BankNifty Fut Range: 39200 - 41850 for this week (07th Nov to 11th Nov 2022.

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