Thursday, June 30, 2011

Bank Nifty Tips for Tomorrow: Intraday Levels for 1 July

CNX Bank Nifty Index gained 91.30 points or 0.82 %. Amongst the banking stocks Central Bank, Kotak Bank and IDBI Bank lead the row.

Bank Nifty Futures finally settled 11247.75 up by 83.75 or 0.75 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11270 else below support level of 11090 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11270 above this level the next resistance is seen near to the level of 11780.
SUPPORT: It has first support close to the level of 11090 & below this level the next support is seen near 10810 marks.


Posted By Commodity MCX Tips