BANKNIFTY Future View 1st Feb 2019

BANKNIFTY Future Thursday Close: 27335.2

Pivot Point= 27216

Due to Interim Budget announcement today high volatility expected.Avoid high volume trade or trade with strict stoploss.

Today BANKNIFTY Future is facing Resistance of 27483 & 27631.

If cross  28045 with volume will see more strength till 28460. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support at 27070 & 26802.

If not sustain 26387 then will see more down fall till 25973. Don’t short at lower levels.

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