BANKNIFTY Future View 1st January 2021

BANKNIFTY Future Thursday Close: 31303

Pivot Point= 31296

Today BANKNIFTY Future is facing immediate Resistance 1 at 31443 and Resistance 2 at 31585.

If cross Resistance 3 at 31872 with volume will see more strength till Resistance 4 at 32160. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 31156 & Support 2 at 31009.

If not sustain Support 3 at 30721 then will see more down fall till Support 4 at 30433. Don’t short at lower levels.

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