Nifty and bank nifty index 12/08/22
Charts and index daily #148
Nifty 50 current price – 17659.00
Nifty future current price – 17684.95
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 11th AUG 2022, it closed at 17684.95 30min 20EMA – 17652.00
If today 12th AUG, it opens or moves above 17700 it can move further until 17785.00
Niftyfut Support: 17540 - 17428 - 17334 - 17062 - 16900 - 16762.
Niftyfut Resistance: 17693 - 17853 - 18000 - 18100 - 18376.
Niftyfut Range: 16670 - 17541 for this week (08th AUG to 12th AUG 2022).
Due to US inflation number, yesterday market open above 17700 ,hope this week
it will close above 17500.
Bank nifty current price – 38879.85
BankNifty Fut current price – 38943.65
BankNifty Fut Outlook:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 11th AUG 2022, it closed above 200 EMA - 35758.64
If today 12th AUG -Banknifty - opens above or moves above a resistance level of 39210, bank nifty Fut can move till 39410.
BankNifty Fut Support: 38754 - 38423 - 38189 - 37761- 37386.
BankNifty Fut Resistance: 39080 - 39210 - 39500 - 39850 - 40217.
BankNifty Fut Range:Â 35800 - 38518Â for this week (08th AUG to 12th AUG 2022).
Due to US inflation number, yesterday market open above 38700 ,hope this week
it will close above 38500.
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