BANKNIFTY Future View 18th November 2020

BANKNIFTY Future Tuesday Close: 29151.9

Pivot Point= 29024

Today BANKNIFTY Future is facing immediate Resistance 1 at 29340 and  Resistance 2 at 29530.

If cross Resistance 3 at 30035 with volume will see more strength till Resistance 4 at 30541. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 28834 & Support 2 at 58518.

If not sustain  Support 3  at 28012 then will see more down fall till Support 4 at 27505. Don’t short at lower levels.

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