Tuesday, April 26, 2011

Intraday Bank Nifty Prediction for 27 April

In banking, CNX Bank Index lost -15.75 points or -0.13 %. Amongst the banking stocks Axis Bank, City Union Bank and South Indian Bank lead the row. 

Bank Nifty Futures shut stop at 11921.95 down by -4.05 points or -0.03 % It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11940 else below support level of 11850 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11940 above this level the next resistance is seen near to the level of 12050
SUPPORT: It has first support close to the level of 11720 & below this level the next support is seen near 11510 marks.


Posted By Commodity MCX Tips