Bank Nifty Futures Forecast for Tomorrow (29th March ’11)


In banking, CNX Bank Index gained 136.10 points or 1.20 %. Amongst the banking stocks IDBI, Dhanlaxmi Bank and Dena bank lead the row.

Bank Nifty Futures shut stop at 11430 up 306.25 points or 2.75 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11642 else below 11336 it would be in a downward  trend.

RESISTANCE: It has first resistance close to the level of 11642 above this level the next resistance is seen near to the level of 11960.

SUPPORT: It has first support close to the level of 11336 & below this level the next support is seen near 11150 marks.