BANKNIFTY Future View 16th July 2021

BANKNIFTY Future Thursday Close: 35988.25

Pivot Point = 35925

Today BANKNIFTY Future is facing immediate Resistance 1 at 36131 and Resistance 2 at 36274.

If cross Resistance 3 at 36623 with volume will see more strength till Resistance 4 at 36972. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 35781 & Support 2 at 35575.

If not sustain Support 3 at 35226 then will see more down fall till Support 4 at 34877. Don’t short at lower levels.

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