Thursday, March 17, 2011

Bank Nifty Futures for 18 March

In banking, CNX Bank Index lost -105.65 points or -0.96 %. Amongst the banking stocks Central Bank, Bank of India and Axis bank lead the row.

Bank Nifty Futures shut stop at 10914 down 51.80 points or 2.43 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10775 else above 11090 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 11090 & above this level the next resistance is seen near to the level of 11155.
SUPPORT: It has first support close to the level of 10775 & below this level the next support is seen near 10610 marks.


Posted By Commodity MCX Tips