Thursday, March 24, 2011

Bank Nifty Future Tips For 25 March 2011

In banking, CNX Bank Index gained 112.25 points or 1.02 %. Amongst the banking stocks State Bank of Bikaner & Jaipur, Bank of Maharashtra and State Bank of Mysore lead the row.

Bank Nifty Futures shut stop at 11123.75 up 137.70 points or 1.25 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11155 else below 11000 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11155 above this level the next resistance is seen near to the level of 11325
SUPPORT: It has first support close to the level of 11000 & below this level the next support is seen near 10760 marks.


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