Friday, June 24, 2011

Bank Nifty Fututures: Levels for Monday 27 June 2011

In banking, CNX Bank Index gained 325.05 points or 3.12 %. Amongst the banking stocks State Bank of Mysore, State Bank of India and UCO Bank lead the row.

Bank Nifty Futures shut stop at 10880.82 up by 339.70 points or 3.22 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10990 else below support level of 10610 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 10990 above this level the next resistance is seen near to the level of 11085.
SUPPORT: It has first support close to the level of 10610 & below this level the next support is seen near 10440 marks.


Posted By Commodity MCX Tips