Nifty and bank nifty index 20/04/22
Charts and index daily #68
Nifty 50 current price – 16958.65
Niftyfut current price – 16969.35
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 19th Apr 2022, it has closed at 16969.35 30min 20EMA – 17195.00
If today 20th April, it opens above - 17240 and closes above 17307, then it can move further till 17430.
Niftyfut Support: 16850 - 16700 - 16500 - 16300.
Niftyfut Resistance: 17004 - 17200 - 17307 - 17430.
Niftyfut Range: 17000 - 18000 for this week (18th Apr to 22nd Apr 2022).If TCS,RELIANCE,HDFCBANK,HDFC start falling more than 2% - 3% ,then Nifty can reach 16500 this week.
BankNifty current price – 36341.60
BankNifty Fut current price – 36403.20
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 19th Apr 2022, it has closed above 200 EMA - 36341.60
If today 20th April - it opens above or moves above resistance level - 37180, then it can move further till 38189.
BankNifty Fut Support: 36691 - 36234 - 35740 - 35346.
BankNifty Fut Resistance: 37246 - 37041 37746 - 38400 - 38960.
BankNifty Fut Range: 35645 - 38423 for this week (18th April to 22nd April 2022).
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