BANKNIFTY Future View 18th December 2020

BANKNIFTY Future Thursday Close: 30844.4

Pivot Point= 30831

Today BANKNIFTY Future is facing immediate Resistance 1 at 31010 and Resistance 2 at 31177.

If cross Resistance 3 at 31523 with volume will see more strength till Resistance 4 at 31868. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 30665 & Support 2 at 30485.

If not sustain Support 3 at 30140 then will see more down fall till Support 4 at 29794. Don’t short at lower levels.

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