Wednesday, February 23, 2011

Bank Nifty Trading Advice - Support and Resistance for tomorrow

After a volatile trading session Bank Nifty Futures shut stop at 10668, down -172.15 points or -1.59 %.In banking sector most of scrip were down by 2-4 $. It is looking bearish in tomorrow trading session if it manages to trade below the support level of 10640 else above 10880 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10880 & above this level the next resistance is seen near the 11000 mark.

SUPPORT: It has first support close to the level of 10640 & below this level the next support is seen near 10480 marks.

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Posted By Commodity MCX Tips