Tuesday, February 22, 2011

Bank Nifty Tips - Intraday Levels for 23 Feb 2011


 Bank Nifty Futures shut stop at 10835, down 235.90 points or -2.13 %. In banking sector majority of scrip were negative and closed into red. It is looking bearish in the coming trading session if it manages to trade below the support level of 10690 else above 11100 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 11100 & above this level the next resistance is seen near the 11280 mark.
SUPPORT: It has first support close to the level of 10760 & below this level the next support is seen near 10690 marks.

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Posted By Commodity MCX Tips