Thursday, June 16, 2011

Bank Nifty Futures Tomorrow (Friday 17 June 2011)

In banking, CNX Bank Index lost -54.50 points or -0.51 %. Amongst the banking stocks Bank of Maharashtra, Union Bank of India and Punjab National Bank lead the row.

Bank Nifty Futures shut stop at 10601 down by -35.40 points or -0.33 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10600 else above resistance level of 10850 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10750 above this level the next resistance is seen near to the level of 10990.
SUPPORT: It has first support close to the level of 10500 & below this level the next support is seen near 10330 marks


Posted By Commodity MCX Tips