Nifty and bank nifty index 29/09/22

Charts and index daily #180

Nifty 50 current price – 16858.60

Nifty future current price – 16858.70

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 28th SEP 2022, it closed at 16858.70 30min 20EMA – 16970.

If today 29th SEP, it opens or moves above 17050 - it can move further until 17130.

Close above 17150 in Nifty FUT this week, can give short support to Nifty 50 index and can move higher next week.

Niftyfut Support: 16562 - 16486 - 16362 - 16163 - 15932.

Niftyfut Resistance: 16860 -17062 - 17266 - 17428 - 17540.

Niftyfut Range: 16800 - 17900 for this week (26th SEP to 30th SEP 2022).

Bank nifty current price – 37759.85

BankNifty Fut current price – 37809.90

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 28th SEP 2022, it closed above 200 EMA - 36863.00

If today 29th SEP, it opens above or moves above a resistance level of 38650, it can move further until 39200.

BankNifty Fut Support: 37761 - 37372 - 36950 - 36620 - 36300.

BankNifty Fut Resistance: 38110 - 38423 - 38617 - 38862 - 39208.

BankNifty Fut Range: 38200 - 40800 for this week (26th SEP to 30th SEP 2022).

Today Banknifty FUT broken 38200, still two days of trading session left this week. Hope market will close above 38200 this week. 100DEMA support at 37700.

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