Bank Nifty Tips and Forecast for Tomorrow (10th June '11)

In banking, CNX Bank Index lost -9.39 points or -0.05 %. Amongst the banking stocks State Bank of India, United Bank of India and Kotak Mahindra Bank lead the row.
                                                                                                                
Bank Nifty Futures shut stop at 10788.45 down by -11 points or -0.10 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10850 else below support level of 10720 it would be in a downward trend. 

RESISTANCE: It has first resistance close to the level of 10850 above this level the next resistance is seen near to the level of 10990.

SUPPORT: It has first support close to the level of 10720 & below this level the next support is seen near 10620 marks.