BANKNIFTY Future View 16th September 2020

BANKNIFTY Future Tuesday Close: 22558.45

Pivot Point= 22413

Today BANKNIFTY Future is facing immediate Resistance 1 at 22742 and  Resistance 2 at 22926.

If cross Resistance 3 at 23439 with volume will see more strength till Resistance 4 at 23952. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 22229 & Support 2 at 21900.

If not sustain  Support 3  at 21387 then will see more down fall till Support 4 at 20874. Don’t short at lower levels.

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