BANKNIFTY Future View 4th August 2021

BANKNIFTY Future Monday Close: 35296.7

Pivot Point = 35142

Today BANKNIFTY Future is facing immediate Resistance 1 at 35501 and Resistance 2 at 35706.

If cross Resistance 3 at 36271 with volume will see more strength till Resistance 4 at 36836. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 34936 & Support 2 at 34576.

If not sustain Support 3 at 34012 then will see more down fall till Support 4 at 33447. Don’t short at lower levels.

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