BANKNIFTY Future May Series View 7th May 2021

BANKNIFTY Future Thursday Close: 32953.75

Pivot Point = 32917

Today BANKNIFTY Future is facing immediate Resistance 1 at 33180 and Resistance 2 at 33407.

If cross Resistance 3 at 33896 with volume will see more strength till Resistance 4 at 34385. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 32691 & Support 2 at 32428.

If not sustain Support 3 at 31938 then will see more down fall till Support 4 at 31449. Don’t short at lower levels.

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