Thursday, July 14, 2011

Bank Nifty Outlook: Technical Levels for 15 July

In banking, CNX Bank Index  rallied 121.55 points or 1.09 % on Thursday trading session. Amongst the banking  stocks Oriental Bank of Commerce, Canara Bank and Union Bank of India were the top gainers.

Bank Nifty Futures gained 74.70 (0.67 %) and finally closed at 11245 .

for tomorrow if Bank Nifty manages to stay above 11300 mark, it may go upto 11370-405 levels. Bellow 11170 it may face some downfall. 

In broad perspective resistance for Bank nifty lies in the range of 11405-11500 whereas support zone is 11085-10975. 


Posted By Commodity MCX Tips