BANKNIFTY Future View 19th October 2020

BANKNIFTY Future Friday Close: 23584.25

Pivot Point= 23495

Today BANKNIFTY Future is facing immediate Resistance 1 at 23806 and  Resistance 2 at 24028.

If cross Resistance 3 at 24562 with volume will see more strength till Resistance 4 at 25096. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 23272 & Support 2 at 22960.

If not sustain  Support 3  at 22426 then will see more down fall till Support 4 at 21892. Don’t short at lower levels.

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