Friday, July 1, 2011

Bank Nifty Tips For Coming Week (Monday 4th July)

Bank Nifty gained 10.35 points or 0.09 %. Amongst the banking stocks Yes Bank, Union Bank of India and Vijaya Bank were the top gainer stocks.

Bank Nifty Futures shut stop at 11301 up by 39.95 or 0.35 %. It is likely to continue its uptrend if it positively trades above resistance level of 11350 else below support level of 11140 a downfall till 11000-10900 can be seen for near term.

RESISTANCE: It has first resistance close to the level of 11350 above this level the next resistance is seen near to the level of 11780.
SUPPORT: It has first support close to the level of 11140 & below this level the next support is seen near 10810 marks.


Posted By Commodity MCX Tips