Banknifty - The resistance of 37200 BANKNIFTY INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NSE:BANKNIFTY1! rahuln2003 Banknifty seems to be facing an issue of crossing 37200. If it crosses the same and stays above it, we will see a rally upwards. All cues point to the same. However, if we fall below this level, we may see some more time at the same level or slightly below it.