BANKNIFTY Future View 8th January 2021

BANKNIFTY Future Thursday Close: 32078.75

Pivot Point= 32136

Today BANKNIFTY Future is facing immediate Resistance 1 at 32237 and Resistance 2 at 32396.

If cross Resistance 3 at 32658 with volume will see more strength till Resistance 4 at 32918. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 31976 & Support 2 at 31875.

If not sustain Support 3 at 31614 then will see more down fall till Support 4 at 31353. Don’t short at lower levels.

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