BANKNIFTY Future View 6th January 2021

BANKNIFTY Future Tuesday Close: 31798.75

Pivot Point= 31551

Today BANKNIFTY Future is facing immediate Resistance 1 at 32091 and Resistance 2 at 32384.

If cross Resistance 3 at 33217 with volume will see more strength till Resistance 4 at 34050. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 31258 & Support 2 at 30718.

If not sustain Support 3 at 29885 then will see more down fall till Support 4 at 29052. Don’t short at lower levels.

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