BANKNIFTY Future View 20th October 2020

BANKNIFTY Future Monday Close: 24346.7

Pivot Point= 24180

Today BANKNIFTY Future is facing immediate Resistance 1 at 24576 and  Resistance 2 at 24805.

If cross Resistance 3 at 25428 with volume will see more strength till Resistance 4 at 26052. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 23951 & Support 2 at 23557.

If not sustain  Support 3  at 22933 then will see more down fall till Support 4 at 22309. Don’t short at lower levels.

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