Friday, February 4, 2011

Bank Nifty Futures- Levels for Monday 7th Feb 2011


Bank Nifty Futures closed at 10404, down 297.70 points or 2.78 %.In bank sector majority of stocks was down by 2%- 3%, Vijay bank, Syndicate Bank and ICICI bank lead the row. It is looking bearish in the coming trading session if it manages to trade below the support of 10385 else it has resistance at 10760 above this level it would be bullish in trend.

RESISTANCE: 10760-10850.
SUPPORT: 10385-10272

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Posted By Commodity MCX Tips