Nifty and bank nifty index 21/03/22

Charts and index daily #48

Nifty 50 current price – 17287.05

Niftyfut current price – 17322.05

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 17th Mar 2022, it has closed at 17322.05 30min 20EMA – 17216.13

If today 21st March, it opens above - 17216.13 and moves above the resistance level 17430, it can move further till 17670 - 17900.

Niftyfut Support: 17200 - 17000 - 16730 - 16562 - 16486

Niftyfut Resistance: 17430 - 17669 - 17900 - 18000

Niftyfut Range: 16750 - 18000 for this week (21th Mar to 25th Mar 2022).

BankNifty current price – 36428.55

BankNifty Fut current price – 36432.40

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 17th Mar 2022, it has closed below resistance - 36539.35

If today 21st March - it opens above or moves above resistance level - 36539, then it can move further till 37041.40

BankNifty Fut Support: 36286 - 35740 - 35346 - 34400 - 33917 - 32879.

BankNifty Fut Resistance: 36539 - 37041 - 37421 - 38189

BankNifty Fut Range: 35346 - 38189 for this week (21st Mar to 25th Mar 2022).if breaks 32879, max it can fall to 2021 - budget low 29661.00

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