BANKNIFTY Future View 22nd October 2021

BANKNIFTY Future Thursday Close: 40105.05

Pivot Point = 39971

Today BANKNIFTY Future is facing immediate Resistance 1 at 40460 and Resistance 2 at 40815.

If cross Resistance 3 at 41660 with volume will see more strength till Resistance 4 at 42504. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 39615 & Support 2 at 39126.

If not sustain Support 3 at 38282 then will see more down fall till Support 4 at 37437. Don’t short at lower levels.

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