BANKNIFTY Future View 16th December 2020

BANKNIFTY Future Tuesady Close: 30706.6

Pivot Point= 30610

Today BANKNIFTY Future is facing immediate Resistance 1 at 30876 and Resistance 2 at 31047.

If cross Resistance 3 at 31483 with volume will see more strength till Resistance 4 at 31920. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 30440 & Support 2 at 30173.

If not sustain Support 3 at 29737 then will see more down fall till Support 4 at 29300. Don’t short at lower levels.

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