BANKNIFTY Future View 8th October 2020

BANKNIFTY Future Wednesday Close: 23018.85

Pivot Point= 22928

Today BANKNIFTY Future is facing immediate Resistance 1 at 23200 and  Resistance 2 at 23380.

If cross Resistance 3 at 23832 with volume will see more strength till Resistance 4 at 24284. But Stay caution at higher levels.

Today BANKNIFTY Future can be considered as major Support 1 at 22747 & Support 2 at 22476.

If not sustain  Support 3  at 22024 then will see more down fall till Support 4 at 21572. Don’t short at lower levels.

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