Nifty and bank nifty index 23/02/23

Charts and index daily #281

Nifty 50 current price – 17554.30

Nifty future current price – 17566.90

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 22nd FEB 2023, Feb Fut - closed at 17566.90 30min 20EMA – 17680

If today, 23rd FEB - it opens or moves above 17694 - it can move further until 17770

Niftyfut Support: 17541 - 17350 - 17200 - 17000 - 16850

Niftyfut Resistance: 17690 - 17770 - 17860 - 17980 - 18091 - 18220 - 18376 - 18486

Niftyfut Range: (17430 - 18500) for this week (20th Feb to 24th Feb 2023)

Bank nifty current price – 39995.90

BankNifty Fut current price – 40038.40

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 22nd FEB 2023, it closed above 200 EMA - 40110

If today, 23rd FEB - it opens or moves above 40300 - it can move further until 40650

BankNifty Fut Support: 39890 - 39700 - 39500 - 39000

BankNifty Fut Resistance: 40430 - 40217 - 40780 - 41050 - 41350 - 41545.

BankNifty Fut Range: (39500 - 43000) for this week (20th Feb to 24th Feb 2023)