BANKNIFTY Future View 19th January 2021

BANKNIFTY Future Monday Close: 31815.7

Pivot Point= 31992

Today BANKNIFTY Future is facing immediate Resistance 1 at 32292 and Resistance 2 at 32768.

If cross Resistance 3 at 33544 with volume will see more strength till Resistance 4 at 34320. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 31516 & Support 2 at 31216.

If not sustain Support 3 at 30439 then will see more down fall till Support 4 at 29663. Don’t short at lower levels.

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