Monday, June 27, 2011

Bank Nifty Futures: Technical Levels for Tomorrow

In banking, CNX Bank Index gained 178 points or 1.64 %. Amongst the banking stocks Yes Bank, Karnataka Bank and Axis Bank lead the row.

Bank Nifty Futures shut stop at 11059.75 up by 178.95 points or 1.64 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11100 else below support level of 10810 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11100 above this level the next resistance is seen near to the level of 11240.
SUPPORT: It has first support close to the level of 10810 & below this level the next support is seen near 10610 marks.

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Posted By Commodity MCX Tips