Showing posts with label Intraday Bank Nifty Outlook. Show all posts
Showing posts with label Intraday Bank Nifty Outlook. Show all posts

Monday, March 14, 2011

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.

 
Posted By Commodity MCX Tips