Bank Nifty Tips for Tomorrow

In banking, CNX Bank Index gained 8.80 points or 0.09 %. Bank of Baroda, Union Bank and Punjab National Bank were the top contributors among bank nifty Stocks.
Bank Nifty Futures shut stop at 9390.30 up by 17 points or 0.18 %. Now if it trades above  9540, it may else below support level of 9160 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 9540 above this level the next resistance is seen near to the level of 9780. 

SUPPORT: It has first support close to the level of 9160 & below this level the next support is seen near 9060 marks.

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Bank Nifty Support and Resistance for 19 July 2011

The Bank Nifty Index lost -5.70 points or -0.05 %. Amongst the banking index stocks Dhanlaxmi Bank, ICICI Bank and State Bank of Travancore lead the row.

Bank Nifty Futures settled at 11249.40 up by 3.25 or 0.03 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11405 else below support level of 11085 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11405 above this level the next resistance is seen near to the level of 11500.
SUPPORT: It has first support close to the level of 11200 & below this level the next support is seen near 10975 marks.

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Bank Nifty Futures Tomorrow (Friday 17 June 2011)

In banking, CNX Bank Index lost -54.50 points or -0.51 %. Amongst the banking stocks Bank of Maharashtra, Union Bank of India and Punjab National Bank lead the row.

Bank Nifty Futures shut stop at 10601 down by -35.40 points or -0.33 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10600 else above resistance level of 10850 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10750 above this level the next resistance is seen near to the level of 10990.
SUPPORT: It has first support close to the level of 10500 & below this level the next support is seen near 10330 marks

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Bank Nifty Levels for Friday 27 May 2011

In banking, CNX Bank Index gained 112.50 points or 1.09 %. Amongst the banking stocks Punjab National Bank, Axis Bank and Dhanlaxmi Bank lead the row.

Bank Nifty Futures shut stop at 10469.95 up by 105.30 points or 1.02 %. It is looking bearish in the coming trading session if it manages to trade support level of 10330 else above resistance level of 10525 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10525 above this level the next resistance is seen near to the level of 10750.

SUPPORT: It has first support close to the level of 10330 & below this level the next support is seen near 10170 marks

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Intraday Bank Nifty Levels (Tuesday 24 May)

In banking, CNX Bank Index gained -295.85 points or -2.77 %. Amongst the banking stocks Canara Bank, Central Bank and ICICI Bank lead the row.

Bank Nifty Futures shut stop at 10330 down by -336.25 points or -3.15 %. It is looking bearish in the coming trading session if it manages to trade support level of 10260 else above resistance level of 10600 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10600 above this level the next resistance is seen near to the level of 10750.
SUPPORT: It has first support close to the level of 10260 & below this level the next support is seen near 10000 marks.

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Bank Nifty Futures: Trend for 6 May 2011

In banking, CNX Bank Index lost 183.25 points or -1.68 %. Amongst the banking stocks Punjab National Bank, ING Vysya Bank and Vijaya Bank lead the row.

Bank Nifty Futures shut stop at 10748.45 down by 79.65 % points or 1.44 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10690 else above resistance level of 11010 it would be in a upward trend.

RESISTANCE: It has first resistance close to the level of 11010 above this level the next resistance is seen near to the level of 11380.
SUPPORT: It has first support close to the level of 10690 & below this level the next support is seen near 10520 marks.

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Intraday Bank Nfity Levels for 29 April 2011

In banking, CNX Bank Index lost -95.05 points or -0.81 %. Amongst the banking stocks Axis Bank, City Union Bank and South Indian Bank lead the row.

Bank Nifty Futures shut stop at 11684.80 down by -119.95 points or -1.02 % It is looking bearish in the coming trading session if it manages to trade below the support level of 11650 else above resistance level of 11870 it would be in a upward trend.

RESISTANCE: It has first resistance close to the level of 11870 above this level the next resistance is seen near to the level of 11965.
SUPPORT: It has first support close to the level of 11650 & below this level the next support is seen near 11510 marks.

 

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Bank Nifty For 1 April 2011 - Intraday Levels

 CNX Bank Index lost 59.75 points or -0.51 %. Amongst the banking stocks Union Bank of India, Yes Bank and State Bank of India lead the row.

Bank Nifty Futures shut stop at 11705.05 down -84.70 points or 0.72 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11900 else below 11580 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11900 above this level the next resistance is seen near to the level of 12050.

SUPPORT: It has first support close to the level of 11580 & below this level the next support is seen near 11330 marks.

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Bank Nifty Trend for 31 March 2011

In banking, CNX Bank Index gained 136.10 points or 1.20 %. Amongst the banking stocks Jammu & Kashmir Bank, Punjab National Bank and State Bank of India lead the row.

Bank Nifty Futures shut stop at 11825 up 210.60 points or 1.81 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11785 else below 11695 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11785 above this level the next resistance is seen near to the level of 11956.

SUPPORT: It has first support close to the level of 11695 & below this level the next support is seen near 11590 marks.

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Bank Nifty Levels for Wednesday 30 March 2011

In banking, CNX Bank Index gained 59.10 points or +0.51 %. Amongst the banking stocks Jammu & Kashmir Bank, Allahabad Bank and Yes Bank lead the row.

Bank Nifty Futures shut stop at 11602 up 42.70 points or +0.37%.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11700 else below 11520 it would be in a downward trend.


RESISTANCE: It has first resistance close to the level of 11700 above this level the next resistance is seen near to the level of 12050.

SUPPORT: It has first support close to the level of 11520 & below this level the next support is seen near 11330 marks.

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Bank Nifty Intraday Levels for Tomorrow 22 March 2011

In banking, CNX Bank Index gained 7.70 points or -0.07 %. Amongst the banking stocks ING Vysya, Bank of India and Andhra Bank lead the row.

Bank Nifty Futures shut stop at 10770.45 up 14.35 points or 0.13 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10610 else above 10960 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10960 above this level the next resistance is seen near to the level of 11090
SUPPORT: It has first support close to the level of 10610 & below this level the next support is seen near 10520 marks.

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Bank Nifty View for today and Trend for 15 March

CNX Bank Index lost 152.30 points or 1.42 %. Amongst the banking stocks Union Bank of India, Allahabad Bank and Oriental Bank of India lead the row.

Bank Nifty Futures shut stop at 10970.05 down 195.35 points or 1.81 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11095 else below 10750 it might be in a bearish trend.

RESISTANCE: It has first resistance close to the level of 11095 & above this level the next resistance is seen near to the level of 11155.
SUPPORT: It has first support close to the level of 10750 & below this level the next support is seen near 10650 marks.

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Bank Nifty Technical Outlook for 8 March

In banking, CNX Bank lost 181.15 points or -1.65. Amongst the banking stocks, Oriental Bank of Commerce was the major loser with -3.48 % down, Andhra Bank at Rs 135.35, down 3.42 % and Axis Bank down by -3.38 %.

Bank Nifty Futures shut stop at 10808.50, down 158.65 points or -1.45 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11155 else below 10640 it might be in a bearish trend.
RESISTANCE: It has first resistance close to the level of 11155 & above this level the next resistance is seen near to the level of 11325
SUPPORT: It has first support close to the level of 10640& below this level the next support is seen near 10520 marks.

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Bank Nifty Futures Update and Trend for tomorrow

The banking index CNX Bank Index lost -0.50 points. Among banking City Union Bank, Canara Bank, Central Bank, Jammu & Kashmir closed on a positive note, up by 4-6 %.

Bank Nifty Futures shut stop at 10443, down -11.95 points or -0.11 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10260 else above 10800 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10800 & above this level the next resistance is seen near to the level of 11000
SUPPORT: It has first support close to the level of 10260 & below this level the next support is seen near 10170 marks.

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Bank Nifty Futures: Next Week Out Look (Monday 28 Feb 2011)

The banking index CNX Bank Index gained 225.10 points or 2.20 % after the Economic Survey proposed to consider separate licenses for basic and full banking services. Among the other banking plays, Canara Bank, Axis Bank, Bank of Baroda, Bank of India, State Bank of India, Union Bank of India, IDBI Bank and Punjab National Bank gained in the region of 2-4.5 % each.

Bank Nifty Futures shut stop at 10491.10, up 236.80 points or 2.31 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10260 else above 10520 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10520 & above this level the next resistance is seen near to the level of 10640.

SUPPORT: It has first support close to the level of 10260 & below this level the next support is seen near 10030 marks.

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Bank Nifty Trading Levels for tomorrow

A severe battering in banking sector made Bank Nifty Futures shut stop at 10210.60, down by -455.05 or 4-4.27 %. The State Bank of Travancore, State Bank of Mysore and State Bank of Bikaner & Jaipur were down by 12.68 %, 10.89 % and 10.48 % respectively. It is looking bearish in the coming trading session if it manages to trade below the support level of 10135 else above 10520 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 10520 & above this level the next resistance is seen near the 10640 mark.
SUPPORT: It has first support close to the level of 10135 & below this level the next support is seen near 10030 marks.

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Bank Nifty Tips - Intraday Levels for 23 Feb 2011

 Bank Nifty Futures shut stop at 10835, down 235.90 points or -2.13 %. In banking sector majority of scrip were negative and closed into red. It is looking bearish in the coming trading session if it manages to trade below the support level of 10690 else above 11100 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 11100 & above this level the next resistance is seen near the 11280 mark.

SUPPORT: It has first support close to the level of 10760 & below this level the next support is seen near 10690 marks.

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Intraday Bank Nifty Tips For Tomorrow

 Bank Nifty Futures shut stop at 11081, up 154 points or 1.41 %.In banking sector majority of scrip were positive and closed into green. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11135 else below 10780 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 the 11280 mark.
SUPPORT: It has first support close to the level of 10780 & below this level the next support is seen near 10690 marks.

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Bank Nifty Intraday Levels for Friday 18 Feb 2011

Bank Nifty Futures closed at 11138.70, up 172.45 points or 1.57 %.In banking sector index scrip HDFC Bank and IDBI Bank lead the row. Indian Overseas Bank gained 6.85 points or 5.34 % respectively. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11265 else below 10890 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11265 & above this level the next resistance is seen near the 11440 mark.

SUPPORT: It has first support close to the level of 10890 & below this level the next support is seen near 10700 marks.

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Bank Nifty Trading Tips for Thursday 27 January 2011

  Bank Nifty Future also saw sharp down fall. Its down fall will continue in next trading session. If Bank Nifty Breaks 11744 level we can see some correction in it. One should wait for proper break out on either side Support for Bank Nifty 10800/10744 Resistance is at 11185/11325 levels.

RESISTANCE: It has first resistance close to the level of 11185 & above this level the next resistance is seen near the 11325 mark.

SUPPORT: It has first support close to the level of 10800 & below this level the next support is seen near 10744 marks.  

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