Wednesday, June 29, 2011

Bank Nifty: Intraday levels for Tomorrow (30 June 2011)

In banking, CNX Bank Index gained 99.30 points or 0.90 %. Amongst the banking stocks Development Credit Bank, HDFC Bank and Lakshmi Vilas Bank lead the row.

Bank Nifty Futures shut stop at 11206.40, up by 105.35 or 0.95 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11240 else below support level of 10990 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11240 above this level the next resistance is seen near to the level of 11730.
SUPPORT: It has first support close to the level of 10990 & below this level the next support is seen near 10810 marks.


Posted By Commodity MCX Tips