Wednesday, February 9, 2011

Bank Nifty Futures- Levels for Thursday 10th Feb 2010

 Bank Nifty Futures closed at 10180, up 29.90 points or 0.29 %.In bank sector majority of stocks was down by 2%- 6%, Dena Bank, United Bank Of India, Canara Bank, Axis Bank lead the row. It is looking bearish in the coming trading session if it manages to trade below the support of 10035 else it has resistance at 10430 above this level it would be bullish in trend.

RESISTANCE: It has first resistance close to the level of 10430 & above this level the next resistance is seen near the 10520 mark.

SUPPORT: It has first support close to the level of 10035 & below this level the next support is seen near 9955 marks.

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Posted By Commodity MCX Tips