Nifty 50 current price – 15699.25
Nifty future current price – 15712.30
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 24th Jun 2022, it closed at 15712.30 30min 20EMA – 15650.00
If today 27th 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: 15666 - 15503 - 15323 - 15156 - 14953.
Niftyfut Resistance: 15722 -15935 - 16163 - 16266 - 16448.
Niftyfut Range: 15503 - 16266 for this week (27th Jun to 01st Jul 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 – 33627.45
BankNifty Fut current price – 33654.20
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 24th Jun 2022, it closed below 200 EMA - 35633.00
If today 27th Jun - until Banknifty - opens above or moves above a resistance level (20dema) - 33842.50, do not go long in BANKNIFTY.
If went long on Monday as per above, please close long if it breaks or close below 33842.50.
BankNifty Fut Support: 33250 - 33514 - 32950 - 32650 - 32251 - 31817.
BankNifty Fut Resistance: 33897 - 34280 - 34430 - 34616.50 - 35117.
BankNifty Fut Range: 32500 - 34880 for this week (27th Jun to 01st Jul 2022).
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