Bank Nifty Forecast for Tomorrow (18th April ’11)
In banking, CNX Bank Index lost -103.85 points or 0.88 %. Amongst the banking stocks City Union Bank, ING Vysya and ICICI Bank lead the row.
Bank Nifty Futures shut stop at 11770 down by -133.10 points or -1.90%. It looking bearish in the coming trading session if it manages to trade below the support level of 11530 else above resistance level of 12050 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 12050 above this level the next resistance is seen near to the level of 12480.
SUPPORT: It has first support close to the level of 11530 & below this level the next support is seen near 11335 marks.
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