BANKNIFTY Future Tuesday Close: 29646.6

Pivot Point= 29468

Today BANKNIFTY Future is facing immediate Resistance 1 at 29937 and Resistance 2 at 30228.

If cross Resistance 3 at 30988 with volume will see more strength till Resistance 4 at 31748. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 29178 & Support 2 at 28709.

If not sustain Support 3 at 27949 then will see more down fall till Support 4 at 27189. Don’t short at lower levels.