BANKNIFTY Future View 4th January 2021

BANKNIFTY Future Friday Close: 31309.35

Pivot Point= 31328

Today BANKNIFTY Future is facing immediate Resistance 1 at 31406 and Resistance 2 at 31503.

If cross Resistance 3 at 31678 with volume will see more strength till Resistance 4 at 31853. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 31231 & Support 2 at 31153.

If not sustain Support 3 at 30978 then will see more down fall till Support 4 at 30803. Don’t short at lower levels.

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