Nifty and bank nifty index 16/01/23
Charts and index daily #254
Nifty 50 current price – 17961.00
Nifty future current price – 17997.00
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 13th Jan 2023, it closed at 18025 30min 20EMA – 17986.00
If today, 16th JAN - it opens or moves above 18100 - it can move further until 18220
Niftyfut Support: 17900 - 17690 - 17422 - 17300 - 17200.
Niftyfut Resistance: 18091 - 18170 - 18245 - 18376 - 18440.
Niftyfut Range: (17550 - 18550) for this week (16th Jan to 20th Jan 2023)
Bank nifty current price – 42420.00
BankNifty Fut current price – 42515.00
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 13th Jan 2023, it closed above 200 EMA - 39693.00
If today, 16th Jan - it opens or moves above 42750 - it can move further until 43341.00
BankNifty Fut Support: 42000 - 41820 - 41545 - 41350 - 41050.
BankNifty Fut Resistance: 42300 - 42450 - 42750 - 43100 - 43500.
BankNifty Fut Range: (41000 - 44300) for this week (16th Jan to 20th Jan 2023)