BANKNIFTY Future Monday Close: 29010.4

Pivot Point= 29151

Today BANKNIFTY Future is facing immediate Resistance 1 at 29500 and Resistance 2 at 29990.

If cross Resistance 3 at 30828 with volume will see more strength till Resistance 4 at 31667. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 28661 & Support 2 at 28312.

If not sustain Support 3 at 27473 then will see more down fall till Support 4 at 26634. Don’t short at lower levels.