Showing posts with label Intraday Bank Nifty For Tomorrow. Show all posts
Showing posts with label Intraday Bank Nifty For Tomorrow. Show all posts

Tuesday, May 3, 2011

Bank Nifty Futures Trend for 4 May 2011

CNX Bank Index lost -345.50 points or -3.07 %. Amongst the banking stocks Bank of India, Union Bank of India and Indian Overseas Bank lead the row.

Bank Nifty Futures shut stop at 10918.85 down by -365.15 points or -3.24 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10860 else above resistance level of 11380 it would be in a upward trend.

RESISTANCE: It has first resistance close to the level of 11380 above this level the next resistance is seen near to the level of 11590.
SUPPORT: It has first support close to the level of 10860 & below this level the next support is seen near 10690 marks.

 
Posted By Commodity MCX Tips