Bank Nifty Trend and Forecast for Tomorrow (29th April ’11)
In banking, CNX Bank Index lost -95.05 points or -0.81 %. Amongst the banking stocks Axis Bank, City Union Bank and South Indian Bank lead the row.
Bank Nifty Futures shut stop at 11684.80 down by -119.95 points or -1.02 % It is looking bearish in the coming trading session if it manages to trade below the support level of 11650 else above resistance level of 11870 it would be in a upward trend.
RESISTANCE: It has first resistance close to the level of 11870 above this level the next resistance is seen near to the level of 11965.
SUPPORT: It has first support close to the level of 11650 & below this level the next support is seen near 11510 marks.
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