Nifty and bank nifty index 10/11/22

Charts and index daily #207

Nifty 50 current price – 18157.00

Nifty future current price – 18216.80

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 09th NOV 2022, it closed at 18216.80 30min 20EMA – 18230

If today 10th NOV, it opens or moves above 18380 - it can move further until 18480.

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

Niftyfut Resistance: 18245 - 18376 - 18500 - 18594 - No Resistance.

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

Bank nifty current price – 41783.20

BankNifty Fut current price – 41926.40

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 09th Nov 2022, it closed above 200 EMA - 37676.00

If today 10th 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: 41820 - 41680 - 41500 - 41364 - 41219- 40750.

BankNifty Fut Resistance: 42000 - No Resistance.

BankNifty Fut Range: 39200 - 41850 for this week (07th Nov to 11th Nov 2022.Yesterday 9th Nov 2022 it closed above 41850.if HDFCBANK close above 1520 and ICICI bank above 920, Bank nifty can move to 42500 this week.

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