BANKNIFTY Future View 12th October 2020

BANKNIFTY Future Friday Close: 23903.15

Pivot Point= 23673

Today BANKNIFTY Future is facing immediate Resistance 1 at 24195 and  Resistance 2 at 24487.

If cross Resistance 3 at 25301 with volume will see more strength till Resistance 4 at 26115. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 23381 & Support 2 at 22859.

If not sustain  Support 3  at 22045 then will see more down fall till Support 4 at 21231. Don’t short at lower levels.

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