Banknifty - Important levels for 16 April 2021 BANKNIFTY INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NSE:BANKNIFTY1! manuagarwal21 Banknifty Weekly: Tomorrow's closing will be quite interesting to see, as it could decide the market mood for the next week. Currently, the weekly chart is forming a hammer-like candle and if we see positive closing or close above Monday's open price, chances are high that we could see bank nifty move more towards 32600 and above it towards 34200 levels { which is a major resistance }. Banknifty Daily: The structure from the past two sessions has been positive and it seeing today's price action it could move further on the upside if it sustains 31450 levels tommorow. Gap up opening above 32600 would be a very good sign. Move below 31450, would trigger selling in the Index.