Bank Nifty Forecast for Tomorrow (20th April ’11)
In banking, CNX Bank Index gained 47 points or 0.41 %. Amongst the banking stocks UCO Bank, Vijaya Bank, IDBI Bank lead the row.
Bank Nifty Futures shut stop at 11632.30 up by 57.20 points or 0.49 %. It looking bearish in the coming trading session if it manages to trade below the support level of 11510 else above resistance level of 11735 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 11735 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11510 & below this level the next support is seen near 11335 marks.
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