BANKNIFTY Future View 5th February 2021

BANKNIFTY Future Thursday Close: 35352.05

Pivot Point= 35061

Today BANKNIFTY Future is facing immediate Resistance 1 at 35778 and Resistance 2 at 36206.

If cross Resistance 3 at 37350 with volume will see more strength till Resistance 4 at 38495. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 34634 & Support 2 at 33916.

If not sustain Support 3 at 32772 then will see more down fall till Support 4 at 31627. Don’t short at lower levels.

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