Nifty 50 current price – 15732.00
Nifty future current price – 15742.00
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 14th Jun 2022, it closed at 15742.00 30min 20EMA – 15792.00
If today 15th Jun, it opens or moves above 15940 it can move further until 16240 in the upcoming days.
Niftyfut Support: 15722 - 15666 - 15503 - 15323 - 14953.
Niftyfut Resistance: 15935 - 16163 - 16362 -16486 - 16562.
Niftyfut Range: 15975 - 16700 for this week (13th Jun to 17th Jun 2022). yesterday nifty broken this range, hope in 3 days it will close above 16000.
Bank nifty current price – 33311.35
BankNifty Fut current price – 33387.65
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 14th Jun 2022, it closed below 200 EMA - 35847.50
If today 15th Jun - until Banknifty - opens above or moves above a resistance level (20dema) - 34761, do not go long in BANKNIFTY.
BankNifty Fut Support: 33250 - 32950 - 32650 - 32251 - 31817.
BankNifty Fut Resistance: 33514 - 33897 - 34280 - 34513 - 34930.
BankNifty Fut Range: 33500 - 35900 for this week (13th Jun to 17th Jun 2022). yesterday bank nifty broken this range, hope in 3 days it will close above 34930. So BANKNIFTY will give support to NIFTY and Reliance, IT also can start to give support then the Market may bottom out at these levels.
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