BANKNIFTY Future View 8th November 2021

BANKNIFTY Future Thursday Close: 39632.65

Pivot Point = 39662

Today BANKNIFTY Future is facing immediate Resistance 1 at 39750 and Resistance 2 at 39868.

If cross Resistance 3 at 40074 with volume will see more strength till Resistance 4 at 40280. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 39544 & Support 2 at 39456.

If not sustain Support 3 at 39250 then will see more down fall till Support 4 at 39044. Don’t short at lower levels.

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