Nifty and bank nifty index 17/05/23
Charts and index daily # 335
Nifty 50 current price - 18286.50
Nifty future current price – 18328.40
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 16th MAY 2023, MAY Fut - closed at 18328.40 - 30min 20EMA – 18385
If today, 17th MAY - it moves above 18390 - it can move further until 18500
Niftyfut Support: 18240 - 18160 - 18020 -17850 - 17770 - 17690 - 17609 - 17541.
Niftyfut Resistance: 18350 - 18500 - 18700 - 19000 - 19500.
Niftyfut Range: (17920 - 18800) for this week (15th May to 19th May 2023)
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Bank nifty current price – 43903.70
BankNifty Fut current price – 43903.15
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 16th MAY 2023, it closed Above 200 EMA - 40690
If today, 17th MAY - it opens or moves above 43900 - it can move further until 44250
BankNifty Fut Support: 43590 - 43030 - 42500 - 42000 - 41530 - 41350 - 41050 - 40780
BankNifty Fut Resistance: 44000 - 44250 -No resistance.
BankNifty Fut Range: (42000 - No resistance) for this week (15th May to 19th May 2023)