Nifty and bank nifty index 15/03/22
Charts and index daily #45
Nifty 50 current price – 16871
Niftyfut current price – 16885
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 14th Mar 2022, it has closed at 16885 30min 20EMA – 16763
If today 15th March, it opens above - 16763 and moves above the resistance level 16850, it can move further till 17000 - 17300
Until volatility normalise in the market and Nifty (spot) close for the day above 16750, it was not advisable to go long in nifty Fut.
Niftyfut Support: 16562 - 16486 - 16362 - 16250 - 16163 - 15932.
Niftyfut Resistance: 17000 -17200 - 17300.
Niftyfut Range: 15500 - 17000 for this week (14th Mar to 18th Mar 2022).
BankNifty current price – 35312
BankNifty Fut current price – 35319
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 14th Mar 2022, it has closed below resistance - 35346
If today 15th March - it opens above or moves above resistance level - 35346.00, then it can move further till 36286
BankNifty Fut Support: 34400 - 33917 - 32879 - 31817.45 - 31449 - 30958.
BankNifty Fut Resistance: 35346 - 35740 - 36286.
BankNifty Fut Range: 32879 - 36286 for this week (14th Mar to 18th Mar 2022).if breaks 32879, max it can fall to 2021 - budget low 29661.00
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