Wednesday, May 11, 2011

Bank Nifty Intraday Tips for Tomorrow

CNX Bank Index today  gained 49.65 points (+ 0.45 %) . Amongst the banking stocks ING Vysya, South India and Yes Bank were the top gainers.

Bank Nifty Futures closed at 11039.55 down 17.85 points or 0.16 % It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11120 else below support level of 10900 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11120 above this level the next resistance is seen near to the level of 11240.
SUPPORT: It has first support close to the level of 11900 & below this level the next support is seen near 10780 marks.


Posted By Commodity MCX Tips