BANKNIFTY Future View 17th December 2020

BANKNIFTY Future Wednesday Close: 30770.5

Pivot Point= 30740

Today BANKNIFTY Future is facing immediate Resistance 1 at 30954 and Resistance 2 at 31139.

If cross Resistance 3 at 31537 with volume will see more strength till Resistance 4 at 31935. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 30556 & Support 2 at 30342.

If not sustain Support 3 at 29940 then will see more down fall till Support 4 at 29545. Don’t short at lower levels.

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