Thursday, June 23, 2011

Bank Nifty Tips: Technical Levels for Tomorrow (24 June 2011)

In banking, CNX Bank Index gained 51.25 points or 0.49 %. Amongst the banking stocks Karnataka Bank, Lakshmi Vilas bank, UCO Bank lead the row.

Bank Nifty Futures shut stop at 10560.45 up by 68.40 points or 0.65 %. It is still looking to trade in negative zone  for  coming trading session if it fails to trade above the support level of 10430 else above resistance level of 10570 it would be in an upward trend.

RESISTANCE: The first resistance levels for Nifty is seen near 10570 and above this level the next resistance is close  to the level of 10680.
SUPPORT: It has first support close to the level of 10440 & below this level the next support is seen near 10330 marks.


Posted By Commodity MCX Tips