BANKNIFTY Future View 16th November 2021

BANKNIFTY Future Monday Close: 38858

Pivot Point = 38916

Today BANKNIFTY Future is facing immediate Resistance 1 at 39121 and Resistance 2 at 39384.

If cross Resistance 3 at 39851 with volume will see more strength till Resistance 4 at 40319. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 38653 & Support 2 at 38448.

If not sustain Support 3 at 37981 then will see more down fall till Support 4 at 37513. Don’t short at lower levels.

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