Nifty and bank nifty index 27/05/22
Charts and index daily #94
Nifty 50 current price – 16170.15
Nifty future current price – 16169.05
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 26th May 2022, it closed at 16169.05 30min 20EMA – 16060.
If today, 27th May, it opens or moves above 16180, it can move further until 16362.
if Nifty closes above 16435 this week and Banknifty, Nifty IT index starts to perform then this month itself nifty can reach 17000 again. ( We have one more day, still Nifty can rally 250 points in one day).
Niftyfut Support: 16163 - 15935 - 15722 - 15514 - 15350 - 15200.
Niftyfut Resistance: 16362 - 16486 - 16562 - 16783 - 17004.
Niftyfut Range: 15722 - 16435 for this week (23rd May to 27th May 2022).
Bank nifty current price – 35094.90
BankNifty Fut current price – 35099.85
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 26th May 2022, it closed below 200 EMA - 35960.66
If today 27th May - opens above or moves above resistance level - 35117.25, it can move further till 35495 and Bank nifty can move till 35645.75 this week.
BankNifty Fut Support: 34930 - 34717 - 34378.70 - 34135 - 33951 - 33670.
BankNifty Fut Resistance: 35160 - 35480 - 35645 - 35870 - 35960.
BankNifty Fut Range:Â 33670 - 35645Â for this week (23rd May to 27th May 2022).
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