Nifty and bank nifty index 18/04/22
Charts and index daily #66
Nifty 50 current price – 17475.65
Niftyfut current price – 17519.25
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 13th Apr 2022, it has closed at 17519.25 30min 20EMA – 17567.43
If today 18th April, it opens above - 17670 and closes above 17715, then it can move further till 17900.
Niftyfut Support: 17430 - 17306 - 17200 - 17004.
Niftyfut Resistance: 17669 - 17897 - 18067 - 18200 - 18367.
Niftyfut Range: 17000 - 18000 for this week (18th Apr to 22nd Apr 2022). If reliance and TCS start to move up this week, then Nifty can move towards 18367.
BankNifty current price – 37463.40
BankNifty Fut current price – 37576.50
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 13th Apr 2022, it has closed above 200 EMA - 36260
If today 18th April - it opens above or moves above resistance level - 38189, then it can move further till 38650.
BankNifty Fut Support: 37246 - 37041 - 36691 - 36234.
BankNifty Fut Resistance: 37746 - 38400 - 38960 - 39338 - 39800.
BankNifty Fut Range: 35645 - 38423 for this week (18th April to 22nd April 2022). if Banknifty fut crosses 38833, then bank nifty fut can close near or above 39500 for this week.
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