Nifty and bank nifty index 24/06/22
Charts and index daily #114
Nifty 50 current price – 15556.65
Nifty future current price – 15591.75
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 23rd Jun 2022, it closed at 15592.00 30min 20EMA – 15517.00
If today 24th Jun, it opens or moves above 15820 it can move further until 15930.
Until the Nifty close above 15940 does not go long.
Niftyfut Support: 15503 - 15323 - 15156 - 14953 - 14636 - 14493.
Niftyfut Resistance: 15666 - 15503 - 15722 -15935 - 16163
Niftyfut Range: 14953 - 15940 for this week (20th Jun to 24th Jun 2022). if Nifty close above 15940, then Nifty can start its upward trend. Once Banknifty, the IT sector starts to support. Nifty can bottom out at this level of 15300 to 15700.
Bank nifty current price – 33135.00
BankNifty Fut current price – 33216.10
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 23rd Jun 2022, it closed below 200 EMA - 35590.00
If today 24th Jun - until Banknifty - opens above or moves above a resistance level (20dema) - 33830, do not go long in BANKNIFTY.
BankNifty Fut Support: 32950 - 32650 - 32251 - 31817 - 31449 - 30958.
BankNifty Fut Resistance: 33250 - 33514 - 33897 - 34280 - 34430 - 34616.50
BankNifty Fut Range: 32150 - 34000 for this week (20th Jun to 24th Jun 2022).
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