Nifty and bank nifty index 18/07/22

Charts and index daily #130

Nifty 50 current price – 16049.20

Nifty future current price – 16068.30

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 15th Jul 2022, it closed at 16068.30 30min 20EMA – 16002.00

If today 18th Jul, it opens or moves above 16165 it can move further until 16266.

If went long at 16000 on 06072022, hold for 16500 in July month and also if US market falls. Nifty also may fall to 15300 in July month.

Niftyfut Support: 15935 - 15722 -15666 - 15503 - 15323 - 15200 - 15000.

Niftyfut Resistance: 16163 - 16266 - 16448 - 16567 - 16762 - 16900.

Niftyfut Range: 15935 - 16567 for this week (18th Jul to 22nd Jul 2022).

Bank nifty current price – 34682.65

BankNifty Fut current price – 34782.30

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 15th Jul 2022, it closed below 200 EMA - 35460.00

If today 18th Jul -Banknifty - opens above or moves above a resistance level of 34950, bank nifty Fut can move till 35200.

BankNifty Fut Support: 34616.50 - 34430 - 34280 - 33897 - 33250 - 33514.

BankNifty Fut Resistance: 35117 - 35645 - 35967 - 36400 - 36691.50 - 36954.

BankNifty Fut Range: 34500 - 35645 for this week (18th Jul to 22nd Jul 2022).

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