Nifty and bank nifty index 19/08/22
Charts and index daily #152
Nifty 50 current price – 17956.50
Nifty future current price – 17980.35
Niftyfut Outlook: Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 18th AUG 2022, it closed at 17980.35 30min 20EMA – 17930.40
If today 19th 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 2022).
----------------------------------------------------------------------------------------------------------
Bank nifty current price – 39656.15
BankNifty Fut current price – 39713.45
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 18th AUG 2022, it closed above 200 EMA – 35901.00
If today 19th 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).
*DISCLAIMER:* No content on this blog should be construed to be investment advice. You should consult a qualified financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments. While we may talk about strategies or positions in the market, our intent is solely to showcase effective risk-management in dealing with financial instruments. This is purely an information service and any trading done on the basis of this information is at your own, sole risk.
Note - Facing issue with substack publication newsletter server page. So send newsletter mail from our official newsletter mail box directly.
Regards
Investmenttalk