Friday, February 18, 2011

Bank Nifty Tips: Monday 21 Feb 2011

Bank Nifty Futures shut stop at 10927, down 203.40 points or -1.83 %.In banking sector majority of scrip battered down by 2-4 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10880 else above 11130 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 11130 & above this level the next resistance is seen near the 11280 mark.
SUPPORT: It has first support close to the level of 10880 & below this level the next support is seen near 10675 marks.

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Posted By Commodity MCX Tips