Monday, July 25, 2011

Bank Nifty Updates: Levels for 26 july

In banking, CNX Bank Index rallied 99.85 points and gained almost  1% ( 0.88 %) . Amongst the banking index Oriental Bank of Commerce, Punjab National Bank and Axis Bank were the top gainers on Monday.

Bank Nifty Futures shut shop at 11399.25 up by 88.65 or 0.78 %. In the coming trading session if it manages to trade above  11495 mark, it could see some more upside levels else below support level of 11240 it would be in a bearish trend. 

RESISTANCE: It has first resistance for bank nifty is seen near 11495 above this level the next resistance  11780.

SUPPORT: It has first support close to the level of 11240 & below this level the next support is seen near 10975 marks.


Posted By Commodity MCX Tips