BANKNIFTY Future View 16th October 2019

BANKNIFTY Future Tuesday Close: 28618.65

Pivot Point= 28550

Today BANKNIFTY Future is facing Resistance of 28845 & 29070.

If cross  29596 with volume will see more strength till 30120. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support at 28321 & 28025.

If not sustain 27500 then will see more down fall till 26975. Don’t short at lower levels.

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