Wednesday, March 23, 2011

Bank Nifty Trend for Tomorrow 24 March 2011

In banking, CNX Bank Index gained 186.80 points or 1.73 %. 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 10994.90 up 180.45 points or 1.67 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11050 else below 10760 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11050 above this level the next resistance is seen near to the level of 11155
SUPPORT: It has first support close to the level of 10690 & below this level the next support is seen near 10520 marks.


Posted By Commodity MCX Tips