Wednesday, April 27, 2011

Intraday Bank Nifty Tips for Tomorrow

In banking, CNX Bank Index lost -87.85 points or -0.74 %. Amongst the banking stocks State Bank of Bikaner & Jaipur , City Union Bank and Karnataka Bank lead the row.

Bank Nifty Futures shut stop at 11815 down by -84 points or -0.71 %. 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 11940 above this level the next resistance is seen near to the level of 12480
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