Bank Nifty Tips and Forecast for Tomorrow (29th June '11)
by Stock Tips
In banking, CNX Bank Index gained 21.55 points or 0.20 %. Amongst the banking stocks Kotak Mahindra Bank, South Indian Bank and State Bank of Bikaner and Jaipur lead the row.
Bank Nifty Futures shut stop at 11059.75. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11135 else below support level of 10990 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11135 above this level the next resistance is seen near to the level of 11240.
SUPPORT: It has first support close to the level of 10990 & below this level the next support is seen near 10810 marks.
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