Nifty and bank nifty index 13/06/22

Charts and index daily #105

Nifty 50 current price – 16201.80

Nifty future current price – 16219.50

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 10th Jun 2022, it closed at 16219.50 30min 20EMA – 16280

If today 13th Jun, it opens or moves above 16300 it can move further until 16450

if Nifty closes above 16690 and Banknifty, Nifty IT index starts to perform then nifty can reach 17062.40 in short term.

Niftyfut Support: 16163 - 15935 - 15722 - 15666 - 15503.00

Niftyfut Resistance: 16362 -16486 - 16562 - 16698 - 16762 - 16861 - 16957 - 17062.40

Niftyfut Range: 15975 - 16700 for this week (13th Jun to 17th Jun 2022).

Bank nifty current price – 34483.80

BankNifty Fut current price – 34554.95

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 10th Jun 2022, it closed below 200 EMA - 35896.00

If today 13th Jun - opens above or moves above resistance level - 34680, it can move further till 34930.

BankNifty Fut Support: 34513 - 34280 - 33897 - 33514.

BankNifty Fut Resistance: 34930 - 35117 - 35346 - 35870 - 35740.

BankNifty Fut Range: 33500 - 35900 for this week (13th Jun to 17th Jun 2022).

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