Bank Nifty Tips and Forecast for Tomorrow (6th June '11)
In banking, CNX Bank Index lost -57.25 points or -0.53 %. Amongst the banking stocks Indian Overseas Bank, Axis Bank and UCO Bank lead the row.
Bank Nifty Futures shut stop at 10785 down by -40.95 points or -0.38 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10990 else below support level of 10720 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 10990 above this level the next resistance is seen near to the level of 11210.
SUPPORT: It has first support close to the level of 10720 & below this level the next support is seen near 10620 marks.
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