Nifty and bank nifty index 10/05/22

Charts and index daily #81

Nifty 50 current price – 16301.85

Niftyfut current price – 16298.85

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 9th May 2022, it has closed at 16298.85 30min 20EMA – 16345.00

If today 10th May, it opens or moves above 16360, then it can move further till 16495.

Niftyfut Support: 16250 - 16000 - 15850 - 15722.00

Niftyfut Resistance: 16450 - 16567 - 16760 - 16850.

Niftyfut Range: 16000 - 17000 for this week (09th May to 13th May 2022).

Bank nifty current price – 34275.40

BankNifty Fut current price – 34318.45

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 9th May 2022, it closed below 200 EMA - 36273.

If today 10th May - it opens above or moves above resistance level - 35120, then it can move further till 35980.

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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