Friday, January 28, 2011

Bank Nifty Position For Monday 31 Janaury 2011 (Next Week Trend)

Bank Nifty Future also saw sharp down fall and closed near to its days low. Its down fall will continue in next trading session. One should adopt a strategy of sell at higher level. Support for Bank Nifty Future is at 10555/10385 and It has Resistance is at 10950/11255 levels.

RESISTANCE: It has first resistance close to the level of 10950 & above this level the next resistance is seen near the 11255 mark.

SUPPORT: It has first support close to the level of 10955 & below this level the next support is seen near 10338 marks.

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Posted By Commodity MCX Tips