Thursday, May 26, 2011

Bank Nifty Levels for Friday 27 May 2011

In banking, CNX Bank Index gained 112.50 points or 1.09 %. Amongst the banking stocks Punjab National Bank, Axis Bank and Dhanlaxmi Bank lead the row.

Bank Nifty Futures shut stop at 10469.95 up by 105.30 points or 1.02 %. It is looking bearish in the coming trading session if it manages to trade support level of 10330 else above resistance level of 10525 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10525 above this level the next resistance is seen near to the level of 10750.

SUPPORT: It has first support close to the level of 10330 & below this level the next support is seen near 10170 marks


Posted By Commodity MCX Tips