BANKNIFTY Future Tuesday Close: 29969.7

Pivot Point= 29765

Today BANKNIFTY Future is facing Resistance of 30230 & 30490.

If cross  31215 with volume will see more strength till 31940. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support at 29505 & 29040.

If not sustain 28315 then will see more down fall till 27590. Don’t short at lower levels.