Nifty and bank nifty index 31/03/23

Charts and index daily # 305

Nifty 50 current price – 17311

Nifty future current price – 17395

Niftyfut Outlook:

Niftyfut has moved from 16450 (20th Dec 2021) to 18363.50 (18th Jan 2022). On 29th MAR 2023, MAR Fut - closed at 17081

If today, 31st MAR - 1:00 PM - it opens or moves above 17430 - it can move further until 17500

Niftyfut Support: 17350 - 17200 - 16850 - 16700 - 16500 - 16200 - 16000 - 15850.

Niftyfut Resistance: 17430 - 17541 - 17609 - 17690.

Niftyfut Range: (17062 - 18090) for this week (27th Mar to 31st Mar 2023)

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Bank nifty current price – 40500

BankNifty Fut current price – 40762

BankNifty Fut Outlook:

Banknifty future has moved from 34150 (20th Dec 2021) to 38965.65 (18th Jan 2022). On 29th MAR 2023, it closed below 200 EMA - 40132

If today, 31st MAR - it opens or moves above 40500 - it can move further until 41030

BankNifty Fut Support: 40430 - 39650 - 39200 - 38720 - 38500 - 38000.

BankNifty Fut Resistance: 40780 - 41050 - 41350 - 42000

BankNifty Fut Range: (37770 - 41850) for this week (27th Mar to 31st Mar 2023)