SGXNIFTY indicate a positive opening for the index.
BANKNIFTY Future Wednesday Close: 31419.7
Pivot Point= 31376
Today BANKNIFTY Future is facing immediate Resistance 1 at 31650 and Resistance 2 at 31880.
If cross Resistance 3 at 32385 with volume will see more strength till Resistance 4 at 32890. But Stay caution at higher levels.
Today BANKNIFTY Future can be considered as major Support 1 at 31145 & Support 2 at 30871.
If not sustain Support 3 at 30366 then will see more down fall till Support 4 at 29861. Don’t short at lower levels.