BANKNIFTY Future View 16th February 2021

BANKNIFTY Future Tuesday Close: 37218.15

Pivot Point = 37274

Today BANKNIFTY Future is facing immediate Resistance 1 at 37715 and Resistance 2 at 38210.

If cross Resistance 3 at 39148 with volume will see more strength till Resistance 4 at 40085. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 36777 & Support 2 at 36336.

If not sustain Support 3 at 35398 then will see more down fall till Support 4 at 34461. Don’t short at lower levels.

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