Monday, August 30, 2010

Bank Nifty Tips For Tomorrow

Bank nifty witnessed the correction today again and in the end made the closing marginally on green zone. The next vital short term support for bank nifty future seems to be at the level of 10500. Decisive closing below this support level may create more selling pressure in bank nifty future & may drag it till the lower levels of 10100 to 10110 in near run. In the upside the next resistance seems to be at the levels of 10940 to 10950. Decisive closing above this resistance zone may take up it till the level of 11200 in short term.



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Posted By Commodity MCX Tips