BANKNIFTY Future View 18th January 2021

BANKNIFTY Future Friday Close: 32314.05

Pivot Point= 32343

Today BANKNIFTY Future is facing immediate Resistance 1 at 32581 and Resistance 2 at 32848.

If cross Resistance 3 at 33353 with volume will see more strength till Resistance 4 at 33858. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 32076 & Support 2 at 31838.

If not sustain Support 3 at 31333 then will see more down fall till Support 4 at 30828. Don’t short at lower levels.

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