BANKNIFTY Future View 5th October 2020

BANKNIFTY Future Thursday Close: 22316

Pivot Point= 22116

Today BANKNIFTY Future is facing immediate Resistance 1 at 22567 and  Resistance 2 at 22818.

If cross Resistance 3 at 23520 with volume will see more strength till Resistance 4 at 24220. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 21864 & Support 2 at 21413.

If not sustain  Support 3  at 20711 then will see more down fall till Support 4 at 20010. Don’t short at lower levels.

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