Nifty and bank nifty index 30/05/22
Charts and index daily #95
Nifty 50 current price – 16352.45
Nifty future current price – 16326.90
Niftyfut Outlook:
Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 ( 18th Jan 2022). On 27th May 2022, it closed at 16326.90 30min 20EMA – 16234.00
If today 30th May, it opens or moves above 16435, it can move further until 16692.00
if Nifty closes above 16435 and Banknifty, Nifty IT index starts to perform then this month itself nifty can reach 17000 again. ( we have only two days for this month, So Nifty reaching 17000 in two days is unlikely).
Niftyfut Support: 16163 - 15935 - 15722 - 15514 - 15350 - 15200.
Niftyfut Resistance: 16362 - 16486 - 16562 - 16783 - 17004.
Niftyfut Range: 15975 - 16700 for this week (30th May to 03rd Jun 2022).
Bank nifty current price – 35613.30
BankNifty Fut current price – 35631.70
BankNifty Fut Outlook:
Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 27th May 2022, it closed below 200 EMA - 35957.34
If today 30th May - opens above or moves above resistance level - 35830, it can move further till 36050.
BankNifty Fut Support: 35117 - 35346 - 34930 - 34717 - 34378.70.
BankNifty Fut Resistance: 35740 - 35870 - 35960 - 36050 - 36286.
BankNifty Fut Range:Â 34380 - 36286Â for this week (30th May to 03rd Jun 2022).
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