Monday, April 18, 2011

Intraday Bank Nifty Range for Tomorrow, 19 April 2011

In banking, CNX Bank Index lost 195.90 points or 1.67 %. Amongst the banking stocks UCO Bank, Karnataka Bank, Axis Bank lead the row.

Bank Nifty Futures shut stop at 11575.10 down by -196.15 points or -1.67 %. It looking bearish in the coming trading session if it manages to trade below the support level of 11520 else above resistance level of 11945 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 11945 above this level the next resistance is seen near to the level of 12050
SUPPORT: It has first support close to the level of 11520 & below this level the next support is seen near 11330 marks.


Posted By Commodity MCX Tips