Tuesday, June 21, 2011

Bank Nifty Futures: Technical Levels

In banking, CNX Bank Index lost -25.15 points or 0.24 %. Amongst the banking stocks Indian Overseas Bank , Union Bank and Karur Vysya Bank lead the row.

Bank Nifty Futures shut stop at 10473 down by -29.95 points or -0.28 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10330 else above resistance level of 10650 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10680 above this level the next resistance is seen near to the level of 10850.
SUPPORT: It has first support close to the level of 10430 & below this level the next support is seen near 10330 marks


Posted By Commodity MCX Tips