BANKNIFTY Future Thursday Close: 29667.2

Pivot Point= 29610

Today BANKNIFTY Future is facing immediate Resistance 1 at 29837 and Resistance 2 at 30008.

If cross Resistance 3 at 30405 with volume will see more strength till Resistance 4 at 30800. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 29439 & Support 2 at 29211.

If not sustain Support 3 at 28813 then will see more down fall till Support 4 at 28415. Don’t short at lower levels.