Friday, April 1, 2011

Bank Nifty Futures Tips Monday 4th April 2011

In banking, CNX Bank Index lost 114.50 points or -0.51 %. Amongst the banking stocks Union Bank of India, Yes Bank and State Bank of India lead the row.

Bank Nifty Futures shut stop at 11689 down -74.35 points or 0.63 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11800 else below 11580 it would be in a downward trend.


RESISTANCE: It has first resistance close to the level of 11800 above this level the next resistance is seen near to the level of 11960.

SUPPORT: It has first support close to the level of 11580 & below this level the next support is seen near 11335 marks. 

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Posted By Commodity MCX Tips