Nifty and bank nifty index 29/12/23

Charts and index daily # 482

Nifty 50 current price - 21779

Nifty future current price – 21942

Nifty fut Outlook:

Nifty fut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 28th DEC 2023, DEC Fut - closed at 21779 - 30min 20EMA – 21883

If today, 29th DEC  - Market may take support at 20800 and No resistance, do not trade at all time high.

Nifty fut Support: 20500 - 19980 - 19890 - 19750 - 19550 - 19400 - 19000 - 18700 - 18500 - 18350

Nifty fut Resistance: No resistance.

Nifty fut Range: (20500 - no range) for this week (26th DEC 2023 to 30th DEC 2023)

Bank nifty current price – 48508

BankNifty Fut current price – 48822

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 28th DEC 2023, DEC FUT closed above 200 EMA - 44144

If today, 29th DEC - No resistance zone

Bank Nifty Fut Support:46500 - 45307- 44250 - 44000 - 43590 - 43030 - 42500 - 42000

Bank Nifty Fut Resistance: No resistance.

Bank Nifty Fut Range: (44500 - No resistance) for this week (26th DEC 2023 to 30th DEC 2023)