Thursday, April 21, 2011

Bank Nifty Today Review and Technical View For Monday 25 April

 In banking, CNX Bank Index gained 100.20 points or 0.85 %. Amongst the banking stocks ING Vysya Bank, State Bank of India and Karur Vysya Bank lead the row. 

Bank Nifty Futures shut stop at 1194.95 up by 81.90 points or 0.69 It is looking bullish in the coming trading session if it manages to trade above the resistance level of 12050 else below support level of 11850 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 12050 above this level the next resistance is seen near to the level of 12480
SUPPORT: It has first support close to the level of 11860 & below this level the next support is seen near 11650 marks.


Posted By Commodity MCX Tips