BANKNIFTY Future Thursday Close: 27340.5

Pivot Point= 27289

Today BANKNIFTY Future is facing Resistance of 27423 & 27506.

If cross  27720 with volume will see more strength till 27940. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support at 27206 & 27070.

If not sustain 26856 then will see more down fall till 26640. Don’t short at lower levels.