Monday, May 23, 2011

Intraday Bank Nifty Levels (Tuesday 24 May)

In banking, CNX Bank Index gained -295.85 points or -2.77 %. Amongst the banking stocks Canara Bank, Central Bank and ICICI Bank lead the row.

Bank Nifty Futures shut stop at 10330 down by -336.25 points or -3.15 %. It is looking bearish in the coming trading session if it manages to trade support level of 10260 else above resistance level of 10600 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10600 above this level the next resistance is seen near to the level of 10750.
SUPPORT: It has first support close to the level of 10260 & below this level the next support is seen near 10000 marks.


Posted By Commodity MCX Tips