BANKNIFTY Future Friday Close: 31197.75

Pivot Point= 31516

Today BANKNIFTY Future is facing immediate Resistance 1 at 31908 and Resistance 2 at 32620.

If cross Resistance 3 at 33724 with volume will see more strength till Resistance 4 at 34827. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 30805 & Support 2 at 30412.

If not sustain Support 3 at 29308 then will see more down fall till Support 4 at 28204. Don’t short at lower levels.