Friday, April 8, 2011

Bank Nifty Pivot Points For Monday (Next Week 11 April 2011)

In banking, CNX Bank Index lost -81.15 points or 0.76 %. Amongst the banking stocks Andhra Bank, Syndicate Bank and Dhanlaxmi Bank lead the row.

Bank Nifty Futures shut stop at 11804.90 up by 19.85 points or 0.17 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11956 else below 11665 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11925 above this level the next resistance is seen near to the level of 12050.

SUPPORT: It has first support close to the level of 11665 & below this level the next support is seen near 11580 marks.


Posted By Commodity MCX Tips