BANKNIFTY Future View 8th December 2020

BANKNIFTY Future Monday Close: 30290.55

Pivot Point= 30253

Today BANKNIFTY Future is facing immediate Resistance 1 at 30483 and Resistance 2 at 30675.

If cross Resistance 3 at 31097 with volume will see more strength till Resistance 4 at 31520. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 30060 & Support 2 at 29829.

If not sustain Support 3 at 292406 then will see more down fall till Support 4 at 29983. Don’t short at lower levels.

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