Tuesday, January 18, 2011

Bank Nifty Trend For 19th January 2011


  Bank Nifty Future saw recovery from its bottom level and closed near to its days high. Bank Nifty may take up move above 10725 level in coming trading session. One should take position after proper break out. Resistance for Bank Nifty is at 10955/11185 and it has support at 10300/10171 levels.

RESISTANCE: It has first resistance close to the level of 10955 & above this level the next resistance is seen near the 11185 mark.

SUPPORT: It has first support close to the level of 10300 & below this level the next support is seen near 10171 marks.  

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Posted By Commodity MCX Tips