Nifty and bank nifty index 29/05/23
Charts and index daily # 343
Nifty 50 current price - 18620.45
Nifty future current price – 18699.50
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 26th MAY 2023, JUN Fut - closed at 18573 - 30min 20EMA – 18615
If today, 29th MAY - it moves above 18720 - it can move further till 18800
Niftyfut Support: 18500 - 18350 - 18240 - 18160 - 18020 -17850 - 17770 - 17690 - 17609 - 17541.
Niftyfut Resistance: 18700 - 19000 - 19500.
Niftyfut Range: (17920 - 18800) for this week (29th May to 02nd Jun 2023)
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Bank nifty current price – 44387
BankNifty Fut current price – 44420
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 26th MAY 2023, it closed Above 200 EMA - 40935
If today, 29th MAY - it opens or moves above 44500 - it can move further until No resistance zone
Bank Nifty Fut Support: 44250 - 44000 - 43590 - 43030 - 42500 - 42000 - 41530.
Bank Nifty Fut Resistance: 44500 - No resistance.
Bank Nifty Fut Range: (42000 - No resistance) for this week (29 May to 02nd jun 2023)