Bank Nifty Tips and Forecast for Tomorrow (30th May '11)
In banking, CNX Bank Index gained 254.35 points or 2.43 %. Amongst the banking stocks Allahabad Bank, Vijaya Bank and Central Bank of India lead the row.
Bank Nifty Futures shut stop at 10638.55 up by 254.80 points or 2.45 % It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10682 else below support level of 10430 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 10682 above this level the next resistance is seen near to the level of 10750.
SUPPORT: It has first support close to the level of 10430 & below this level the next support is seen near 10330 marks.
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