BANKNIFTY Future View 7th October 2020

BANKNIFTY Future Tuesday Close: 22913.8

Pivot Point= 22799

Today BANKNIFTY Future is facing immediate Resistance 1 at 23055 and  Resistance 2 at 23196.

If cross Resistance 3 at 23593 with volume will see more strength till Resistance 4 at 23990. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 22657 & Support 2 at 22401.

If not sustain  Support 3  at 22005 then will see more down fall till Support 4 at 21607. Don’t short at lower levels.

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