Nifty and bank nifty index 11/05/22
Charts and index daily #82
Nifty 50 current price – 16240.05
Niftyfut current price – 16247.10
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 10th May 2022, it has closed at 16247.10 30min 20EMA – 16310.00
If today 11th May, it opens or moves above 16360, then it can move further till 16495.
Niftyfut Support: 16150 - 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 – 34482.00
BankNifty Fut current price – 34515.00
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 10th May 2022, it closed below 200 EMA - 36273.
If today 11th May - it opens above or moves above resistance level - 35120, then it can move further till 35980.
BankNifty Fut Support: 34378 - 34000 - 33616.00
BankNifty Fut Resistance: 34717 - 34930 - 35346 - 35740 -36241.
BankNifty Fut Range: 33600 - 36600 for this week (09th May to 13th May 2022).
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