Nifty and bank nifty index 10/06/22
Charts and index daily #104
Nifty 50 current price – 16478.10
Nifty future current price – 16475.45
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 09th Jun 2022, it closed at 16475.45 30min 20EMA – 16409.00
If today 10th Jun, it opens or moves above 16690, it can move further until 16861.00
if Nifty closes above 16690 and Banknifty, Nifty IT index starts to perform then nifty can reach 17062.40 in short term.
Niftyfut Support: 16362 - 16163 - 15935 - 15722 - 15666 - 15503.00
Niftyfut Resistance: 16486 - 16562 - 16698 - 16762 - 16861 - 16957 - 17062.40
Niftyfut Range: 15975 - 16700 for this week (06th Jun to 10th Jun 2022), if close above 16690 then nifty can move up higher in this week itself.
Bank nifty current price – 35085.45
BankNifty Fut current price – 35131.25
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 09th Jun 2022, it closed below 200 EMA - 35910.00
If today 10th Jun - opens above or moves above resistance level - 35240, it can move further till 35480.00
BankNifty Fut Support: 35117 - 34930 - 34513 - 34280 - 33897 - 33514.
BankNifty Fut Resistance: 35346 - 35870 - 35740 - 35960 - 36050.
BankNifty Fut Range: 34380 - 36400 for this week (06th Jun to 10th Jun 2022).
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