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.