Nifty and bank nifty index 16/12/22
Charts and index daily #233
Nifty 50 current price – 18414.90
Nifty future current price – 18467.00
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 15th Dec 2022, it closed at 18467.00 30min 20EMA – 18600.50
If today 16th DEC, it opens or moves above 18800 - it can move further until 18902.00
Niftyfut Support: 18440 - 18376 - 18245 - 18170 - 18091.
Niftyfut Resistance: 18500 - 18594 - 18781 - 18999 - No Resistance.
Niftyfut Range: (18000 - 18999) for this week (12th Dec to 16th Dec 2022)
Bank nifty current price – 43498.20
BankNifty Fut current price – 43576.45
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 15th Dec 2022, it closed above 200 EMA - 38930.00
If today, 16th Dec - Bank nifty in No resistance zone, price will move as per top 4 bank companies. Its best to not buy/sell in banknifty fut right now.
BankNifty Fut Support: 42000 - 41820 - 41680 - 41500 - 41364 - 41219 - 40750.
BankNifty Fut Resistance: No Resistance.
BankNifty Fut Range:Â (40000 - No range in up move)Â - BANKNIFTY FUT has no resistance, for this week (12th Dec to 16th Dec 2022).
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