BANKNIFTY Future View 4th December 2020

BANKNIFTY Future Thursday Close: 29542.2

Pivot Point= 29623

Today BANKNIFTY Future is facing immediate Resistance 1 at 29809 and Resistance 2 at 30076.

If cross Resistance 3 at 30530 with volume will see more strength till Resistance 4 at 30983. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 29356 & Support 2 at 29170.

If not sustain Support 3 at 28716 then will see more down fall till Support 4 at 28262. Don’t short at lower levels.

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