Friday, March 18, 2011

Bank Nifty For Monday 21 March 2011

In banking, CNX Bank Index lost -105.65 points or -0.96 %. Amongst the banking stocks Canara Bank, City Union Bank and Bank of Maharashtra lead the row.

Bank Nifty Futures shut stop at 10715.90 down -136.05 points or -1.25 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10615 else above 10960 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10960 & above this level the next resistance is seen near to the level of 11050
SUPPORT: It has first support close to the level of 10615 & below this level the next support is seen near 10520 marks.


Posted By Commodity MCX Tips