BANKNIFTY Future View 7th December 2020

BANKNIFTY Future Friday Close: 30190.95

Pivot Point= 29939

Today BANKNIFTY Future is facing immediate Resistance 1 at 30528 and Resistance 2 at 30866.

If cross Resistance 3 at 31793 with volume will see more strength till Resistance 4 at 32720. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 29602 & Support 2 at 29012.

If not sustain Support 3 at 28085 then will see more down fall till Support 4 at 27158. Don’t short at lower levels.

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