Wednesday, March 16, 2011

Bank Nifty Futures Tomorrow 17 March 2011

In banking, CNX Bank Index gained 231.80 points or 2.16 %. Amongst the banking stocks Central Bank, Yes Bank and Canara Bank lead the row

Bank Nifty Futures shut stop at 10983 down 260.40 points or 2.43 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11025 else below 10775 it might be in a bearish trend.

RESISTANCE: It has first resistance close to the level of 11025 & 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.

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