Nifty and bank nifty index 11/09/23

Charts and index daily # 414

Nifty 50 current price - 19819

Nifty future current price – 19872

Nifty fut Outlook:

Nifty fut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 08th SEP 2023, SEP Fut - closed at 19872 - 30min 20EMA – 19823

If today, 11th SEP - Market may face resistance around 19980, do not trade anything in All-time high.

Nifty fut Support: 19750 - 19690 -19550 - 19400 - 19000 - 18700 - 18500 - 18350

Nifty fut Resistance: 19980 - No resistance.

Nifty fut Range: (19000 - 20000) for this week (11th SEP 2023 to 15th SEP 2023)

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Bank nifty current price – 45156

BankNifty Fut current price – 45319

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 08th SEP 2023, it closed Above 200 EMA - 42822

If today, 11th SEP - if price trade above 44500 - it can move further till 46000.

Bank Nifty Fut Support: 44750 - 44250 - 44000 - 43590 - 43030 - 42500 - 42000

Bank Nifty Fut Resistance: 45307 - No resistance.

Bank Nifty Fut Range: (43000 - No resistance) for this week (11th SEP 2023 to 15th SEP 2023)