Tuesday, January 11, 2011

Bank Nifty forecast: Trading levels for tomorrow

Bank Nifty had short covering after a sharp fall in last few days , and closed near to its days high. It can take more up move from here therefore one should take position after proper break out.

Resistance for bank nifty is at 11140/11324 and support is at 10633/10565 level.

RESISTANCE: It has first resistance close to the level of 11140 & above this level the next resistance is seen near the 11324 mark.

SUPPORT: It has first support close to the level of 10633 & below this level the next support is seen near 10565 marks.  


Posted By Commodity MCX Tips