Tuesday, July 5, 2011

Bank Nifty Levels: Market Tomorrow (6th July 2011)

In banking, CNX Bank Index gained 26.30 points or 0.23 %. Amongst the banking stocks Central Bank, State Bank of India and Bank of Baroda lead the row.

Bank Nifty Futures shut stop at 11452.05 up by 36.75 or 0.32 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11480 else below support level of 11325 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11480 above this level the next resistance is seen near to the level of 11780.
SUPPORT: It has first support close to the level of 11325 & below this level the next support is seen near 11210 marks.


Posted By Commodity MCX Tips