BANKNIFTY Future May Series View 17th May 2021

BANKNIFTY Future Friday Close: 32265.2

Pivot Point = 32383

Today BANKNIFTY Future is facing immediate Resistance 1 at 32581 and Resistance 2 at 32897.

If cross Resistance 3 at 33412 with volume will see more strength till Resistance 4 at 33926. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 32067 & Support 2 at 31868.

If not sustain Support 3 at 31353 then will see more down fall till Support 4 at 30838. Don’t short at lower levels.

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