Nifty and bank nifty index 28/11/23

Charts and index daily # 463

Nifty 50 current price - 19794.70

Nifty future current price – 19826.95

Nifty fut Outlook:

Nifty fut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 24th NOV 2023, NOV Fut - closed at 19826.95 - 30min 20EMA – 19843

If today, 27th NOV - Market may take support at 19750 and No resistance, do not trade near to all time high.

Nifty fut Support: 19750 - 19550 - 19400 - 19000 - 18700 - 18500 - 18350

Nifty fut Resistance: 19890 - 19980 - No resistance.

Nifty fut Range: (18500 - no range) for this week (27th NOV 2023 to 01st DEC 2023)

Bank nifty current price – 43769.10

BankNifty Fut current price – 43805.55

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 24th NOV 2023, NOV FUT closed below 200 EMA - 43359

If today, 27th NOV - if now starts price trade above 44000, it can move up to 45307

Bank Nifty Fut Support: 43590 - 43030 - 42500 - 42000

Bank Nifty Fut Resistance: 44000 - 44250 - 44750 - 45307 - No resistance.

Bank Nifty Fut Range: (42500 - No resistance) for this week (27th NOV 2023 to 01st DEC 2023) support broken, market may fall now, after 6 months of up and down.