Wednesday, February 2, 2011

Bank Nifty Technical View- 3rd Feb 2011


  Bank Nifty is not sustaining at higher level and closed near to its days low. If it sustain below 10385 level its dawn fall will continue, in coming trading session One should adopt the strategy of sell at higher level. Support for Bank Nifty future is at 10385/10300 and it has Resistance at 10640/10722 levels.

RESISTANCE: It has first resistance close to the level of 10640 & above this level the next resistance is seen near the 10722 mark.

SUPPORT: It has first support close to the level of 10385 & below this level the next support is seen near 10300 marks.

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Posted By Commodity MCX Tips