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. 

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Bank Nifty Tips- Intraday levels for 29 June

In banking, CNX Bank Index gained 21.55 points or 0.20 %. Amongst the banking stocks Kotak Mahindra Bank, South Indian Bank and State Bank of Bikaner and Jaipur lead the row.

Bank Nifty Futures Today (On Tuesday) Closed at 11059.75 with the moderate gain of  0.20%. It is likely to trade with uptrend above the level of 11135 else below support level of 10990 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11135 above this level the next resistance is seen near to the level of 11240.
SUPPORT: It has first support close to the level of 10990 & below this level the next support is seen near 10810 marks.

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Bank Nifty Tips: Technical Levels for Tomorrow (24 June 2011)

In banking, CNX Bank Index gained 51.25 points or 0.49 %. Amongst the banking stocks Karnataka Bank, Lakshmi Vilas bank, UCO Bank lead the row.

Bank Nifty Futures shut stop at 10560.45 up by 68.40 points or 0.65 %. It is still looking to trade in negative zone  for  coming trading session if it fails to trade above the support level of 10430 else above resistance level of 10570 it would be in an upward trend.

RESISTANCE: The first resistance levels for Nifty is seen near 10570 and above this level the next resistance is close  to the level of 10680.
SUPPORT: It has first support close to the level of 10440 & below this level the next support is seen near 10330 marks.

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Bank Nifty Futures- Levels for Thursday 10th Feb 2010

 Bank Nifty Futures closed at 10180, up 29.90 points or 0.29 %.In bank sector majority of stocks was down by 2%- 6%, Dena Bank, United Bank Of India, Canara Bank, Axis Bank lead the row. It is looking bearish in the coming trading session if it manages to trade below the support of 10035 else it has resistance at 10430 above this level it would be bullish in trend.

RESISTANCE: It has first resistance close to the level of 10430 & above this level the next resistance is seen near the 10520 mark.

SUPPORT: It has first support close to the level of 10035 & below this level the next support is seen near 9955 marks.

For Free Intraday Tips View Post- Intraday Tips For Tomorrow 

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Bank Nifty Future Tips : Support and Resistance for 9th February

Bank Nifty Futures closed at 10160, down 215.65 points or 2.08 %.In bank sector some of stocks was down by 3%- 6%, ING Vysya, Kotak Mahindra Bank, united bank of India lead the row. It is looking bearish in the coming trading session if it manages to trade below the support of 10095 else it has resistance at 10430 above this level it would be bullish in trend.

RESISTANCE: It has first resistance close to the level of 10430 & above this level the next resistance is seen near the 10600 mark.

SUPPORT: It has first support close to the level of 10095 & below this level the next support is seen near 9950 marks.

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Bank Nifty Futures: Trading Levels for Tomorrow

Bank Nifty future moved under tight range and closed on flat note .One should wait for proper break out on either side. If Bank Nifty future breaks 10300 level we can see some more correction in it. Support for Bank Nifty is at 10300/10171 and Resistance is at 10845/10955.

RESISTANCE: It has first resistance close to the level of 10845 & above this level the next resistance is seen near the 10955 mark.

SUPPORT: It has first support close to the level of 10300 & below this level the next support is seen near 10171 marks. 

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Bank Nifty For Next Trading Session

Bank nifty had seen sharp correction in last trading session, after increasing inflation and on concerns that the Reserve Bank may hike interest rate. Bank nifty closed at 10439 levels and continues its bearish trend. One should adopt the strategy of selling at higher level. Support for bank nifty is at 10300/10171 and Resistance is at 10600/10955 levels.

RESISTANCE: It has first resistance close to the level of 10600 & above this level the next resistance is seen near the 10955 mark.
SUPPORT: It has first support close to the level of 10300 & below this level the next support is seen near 10171 marks.  

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Bank Nifty Levels For Tomorrow 14th Jan 2011

Bank nifty had seen sharp fall in last trading session and If it breaks 10632 level we can expect some more down trend. One should take position after proper break out only. Support for bank nifty is at 10630/10565 and Resistance is at 11185/11324 levels.

RESISTANCE: It has first resistance close to the level of 11185 & above this level the next resistance is seen near the 11324 mark.

SUPPORT: It has first support close to the level of 10630 & below this level the next support is seen near 10565 marks.

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Bank Nifty Futures Tips : Technical View For Tomorrow

Bank Nifty future had good recovery in last trading session and its up move may continue in coming trading session. One should adopt the strategy of buying at lower levels. Resistance for bank nifty is at 11325/11440 and support is at 10990/10750.

RESISTANCE: It has first resistance close to the level of 11325 & above this level the next resistance is seen near the 11440 mark. 

SUPPORT: It has first support close to the level of 10990 & below this level the next support is seen near 10750 marks.

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Bank Nifty forecast: Trading levels for tomorrow

Bank Nifty had short covering after a sharp fall in last few days , and closed near to its days high. It can take more up move from here therefore one should take position after proper break out.

Resistance for bank nifty is at 11140/11324 and support is at 10633/10565 level.

RESISTANCE: It has first resistance close to the level of 11140 & above this level the next resistance is seen near the 11324 mark.

SUPPORT: It has first support close to the level of 10633 & below this level the next support is seen near 10565 marks.  

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Bank Nifty Tips To Friday 7th Jan 2011

Bank Nifty had sharp down fall in last trading session, We can see some more down fall in coming trading session. One should adopt a strategy to sell at higher level. Support for bank nifty future is at 11180/11040 and resistance is at 11440/11665 level

RESISTANCE: It has first resistance close to the level of 11440 & above this level the next resistance is seen near the 11665 mark.

SUPPORT: It has first support close to the level of 11180 & below this level the next support is seen near 11040 marks.

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Bank Nifty Updates for Tomorrow

Bank nifty future had a sharp down fall in last trading session, If it breaks 11570 level, we can see some more correction in it. One should adopt a strategy of sell at higher level. Resistance for Bank nifty is at 11735/11875 and support is at 11570/11455.

RESISTANCE:

It has first resistance close to the level of 11735 & above this level the next resistance is seen near the 11850 mark.

SUPPORT:

It has first support close to the level of 11570 & below this level the next support is seen near 11455 mark.

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Bank Nifty Future For Friday 31st Dec 2010

Bank nifty futures was positively biased in today's trading session of expiry. It continued to move in the tight range of 11700-11300. One should take position after proper break out on either side. Resistance for bank nifty future is at 11735/11854 and support is at 1140/11180 levels.

  

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Bank kNifty Futures For Wednesday

Bank nifty future moved in tight range from few trading session. If bank nifty future breaks 11400 levels we can see some correction in it till 11200 levels. One could adopt strategy of selling at higher level. Support for bank nifty is at 11400/11250 and resistance is at 11570/11735.

  RESISTANCE- It has first resistance close to the level of 11570 & above this mark the next resistance is seen close to the level of 11735

  SUPPORT- It has immediate support at 11400 marks & below this level the next support is seen close to the level of 11250.

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Nifty Trading Tips For Tuesday 28 Dec 2010

Nifty future could not sustain at higher level and closed near its today's low. It may see some more selling pressure in coming trading session. 5947 is major support level , if it breaks this level we can see some more correction in it. One should adopt the strategy to sell at higher levels.

RESISTANCE: It has first resistance close to the level of 5950 & above this level the next resistance is seen near the 5900 mark.
SUPPORT: It has first support close to the level of 6094 & below this level the next support is seen near 6148 mark.
 

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Bank Nifty Trading Strategy for 28 Dec 2010

Bank nifty saw small correction in last trading session and closed near to its support level. We can see come more correction in it . One can adopt the strategy to go short at higher level until it breaks its 11700 level decisively.

RESISTANCE: It has first resistance close to the level of 11620 & above this mark the next resistance is seen close to the level of 11735.
SUPPORT: It has immediate support at 11345 marks & below this level the next support is seen close to the level of 11180

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Bank Nifty Position For Monday

Bank nifty future saw smart pull back in last trading session but still manages its long consolidation phase. one should take position after proper break out on either side. 11735 is major resistance level if it manages to sustain above this level it can take more up move from there.

RESISTANCE- It has first resistance close to the level of 11735 & above this mark the next resistance is seen close to the level of 11850.

SUPPORT: It has immediate support at 11345 marks & below this level the next support is seen close to the level of 11180.

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Bank Nifty Trend for 23 Dec 2010

Bank nifty Future is not sustaining at higher level . In last trading session we saw a sharp fall in it. One can adopt the strategy to go short at higher level until it breaks its 11700 level decisively. 

RESISTANCE- It has first resistance close to the level of 11700 & above this mark the next resistance is seen close to the level of 11850.

SUPPORT: It has immediate support at 11260 mark & below this level the next support is seen close to the level of 11180

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Bank Nifty Trading Strategy- 22 Dec 2010

Bank nifty future saw smart pull back in last trading session . If it manages to sustain above 11700 level we can see more up move from here. One should take long position only above 11700 level . Resistance for bank nifty is at 11700/11850 and support is at 11491/11260 .

RESISTANCE-It has first resistance close to the level of 11700 & after it may face the next resistance close to the level of 11850.
SUPPORT: IT has first support close to the level of 11491 & after it may get the next support close to the level of 11260. 

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Bank Nifty Futures For Wednesday

Bank nifty future move under consolidation phase form last few trading session and manages 11700 resistance level. if it sustain above it we can see more up move from here . One should go for long position above 11700 level . Resistance for bank nifty future is at 11700/11860 and support is at 11295/11045 levels.

RESISTANCE: It has first resistance close to the level of 11700 & after it may face the next resistance close to the level of 11860.

SUPPORT: It has first support close to the level of 11295& after it may get the next support close to the level of 11045.

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