Nifty and bank nifty index 18/08/22
Charts and index daily #151
Nifty 50 current price – 17944.25
Nifty future current price – 17974.10
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 17th AUG 2022, it closed at 17974.10 30min 20EMA – 17893.00
If today 18th AUG, it opens or moves above 18050 it can move further until 18100.
Niftyfut Support: 17853 - 17693 - 17540 - 17428 - 17334 – 17062.
Niftyfut Resistance: 18000 - 18100 - 18376 – 18500 – 18700.
Niftyfut Range: 17062 - 18000 for this week (16th AUG to 19th AUG)
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Bank nifty current price – 39461.70
BankNifty Fut current price – 39513.45
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 17th AUG 2022, it closed above 200 EMA – 35865.00
If today 18th AUG -Banknifty - opens above or moves above a resistance level of 39890, bank nifty Fut can move till 40200.
BankNifty Fut Support: 39500 - 39210 - 39080 - 38754 - 38423 - 38189.
BankNifty Fut Resistance: 39850 - 40217 - 40500 – 41000 – 41500.
BankNifty Fut Range: 37500 - 39880 for this week (16th AUG to 19th AUG 2022).
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Investmenttalk