BANKNIFTY Future View 29th December 2020

BANKNIFTY Future Friday Close: 30928.3

Pivot Point= 30818

Today BANKNIFTY Future is facing immediate Resistance 1 at 31085 and Resistance 2 at 31242.

If cross Resistance 3 at 31665 with volume will see more strength till Resistance 4 at 32088. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 30661 & Support 2 at 30395.

If not sustain Support 3 at 29971 then will see more down fall till Support 4 at 29548. Don’t short at lower levels.

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