Bank Nifty Tips and trend for Tomorrow (20th June '11)
In banking, CNX Bank Index gained 26.10 points or 0.25 %. Amongst the banking stocks Indian Overseas Bank, South Indian Bank and Axis Bank lead the row.
Bank Nifty Futures shut stop at 10622.60 up by 31.50 points or 0.33 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10500 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 10990.
SUPPORT: It has first support close to the level of 10500 & below this level the next support is seen near 10330 marks.
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