BANKNIFTY Future View 27th October 2020

BANKNIFTY Future Monday Close: 24109.15

Pivot Point= 24170

Today BANKNIFTY Future is facing immediate Resistance 1 at 24489 and  Resistance 2 at 24870.

If cross Resistance 3 at 25569 with volume will see more strength till Resistance 4 at 26269. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 23789 & Support 2 at 23470.

If not sustain  Support 3  at 22770 then will see more down fall till Support 4 at 22070. Don’t short at lower levels.

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