Monday, February 28, 2011

Bank Nifty Futures Update and Trend for tomorrow

The banking index CNX Bank Index lost -0.50 points. Among banking City Union Bank, Canara Bank, Central Bank, Jammu & Kashmir closed on a positive note, up by 4-6 %.
Bank Nifty Futures shut stop at 10443, down -11.95 points or -0.11 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10260 else above 10800 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10800 & above this level the next resistance is seen near to the level of 11000
SUPPORT: It has first support close to the level of 10260 & below this level the next support is seen near 10170 marks.

0 comments:

 
Posted By Commodity MCX Tips