Bank Nifty Tips and Trend for Tomorrow (31st May '11)
In banking, CNX Bank Index gained 58.80 points or 0.55 %. Amongst the banking stocks Karnataka Bank, Union Bank of India and Central Bank of India lead the row.
Bank Nifty Futures shut stop at 10702 up by 63.45 points or 0.60 %. It is looking bearish in the coming trading session if it manages to trade support level of 10620 else above resistance level of 10750 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 10750 above this level the next resistance is seen near to the level of 10980.
SUPPORT: It has first support close to the level of 10620 & below this level the next support is seen near 10430 marks.
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