BANKNIFTY Future View 22nd December 2020

BANKNIFTY Future Monday Close: 29417.95

Pivot Point= 29746

Today BANKNIFTY Future is facing immediate Resistance 1 at 30270 and Resistance 2 at 31121.

If cross Resistance 3 at 32497 with volume will see more strength till Resistance 4 at 33873. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 28894 & Support 2 at 28370.

If not sustain Support 3 at 26994 then will see more down fall till Support 4 at 25618. Don’t short at lower levels.

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