BANKNIFTY Future May Series View 18th May 2021

BANKNIFTY Future Monday Close: 33548.85

Pivot Point = 33173

Today BANKNIFTY Future is facing immediate Resistance 1 at 33980 and Resistance 2 at 34412.

If cross Resistance 3 at 35651 with volume will see more strength till Resistance 4 at 36890. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 32741 & Support 2 at 31934.

If not sustain Support 3 at 30695 then will see more down fall till Support 4 at 29456. Don’t short at lower levels.

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