Bank Nifty Tips for Tomorrow (6th April ’11)

In banking, CNX Bank Index lost -5.40 points or -0.05 %. Amongst the banking stocks Vijaya Bank, Uco Bank and Syndicate Bank lead the row.

Bank Nifty Futures shut stop at 11845.10 up by +39.85 points or +0.34 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11956 else below 11684 it would be in a downward  trend. 

RESISTANCE: It has first resistance close to the level of 11956 above this level the next resistance is seen near to the level of 12050. 

SUPPORT: It has first support close to the level of 11728 & below this level the next support is seen near 11580 marks.