Nifty and bank nifty index 23/03/22

Charts and index daily #50

Nifty 50 current price – 17315.50

Niftyfut current price – 17362.80

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 22nd Mar 2022, it has closed at 17362.80 30min 20EMA – 17242

If today 23th March, it opens above - 17242 and moves above the resistance level 17307, it can move further till 17430 - 17670.

Niftyfut Support: 17306 - 17200 - 17000 - 16730 - 16562

Niftyfut Resistance: 17430 - 17669 - 17900 - 18000 - 18368

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

BankNifty current price – 36348.55

BankNifty Fut current price – 36482.80

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 22nd Mar 2022, it has closed above 200 EMA - 36117.61

If today 23rd March - it opens above or moves above resistance level - 36780, then it can move further till 37041.40 - 37421

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

BankNifty Fut Resistance: 36539 - 37041 - 37421 - 38189 - 38617

BankNifty Fut Range: 35346 - 38189 for this week (21st Mar to 25th Mar 2022)

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