Due to May series expiry expecting more volatility in nifty

BANKNIFTY June Future Wednesday Close: 31385

Pivot Point= 31470

Today BANKNIFTY Future is facing Resistance of 31600 & 31800.

If cross  32140 with volume will see more strength till 32475. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support at 31260 & 31140.

If not sustain 30800 then will see more down fall till 30470. Don’t short at lower levels.