Tuesday, September 6, 2011

Bank Nifty Outlook for Tomorrow: Intraday Levels

In banking, CNX Bank Index gained 43.55 points or 0.45 %. Amongst the banking index Dhanalakshmi Bank, Kotak Mahindra Bank and Axis Bank lead the row.

Bank Nifty Futures shut its shop at 9686 up by 89.25 points or 0.93. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 9700 else below support level of 9325 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 9700 above this level the next resistance is seen near to the level of 9990. 
SUPPORT: It has first support close to the level of 9325 & below this level the next support is seen near 9060 marks.


Posted By Commodity MCX Tips