Bank Nifty Tips and Forecast for Tomorrow (8th July '11)
In banking, CNX Bank Index gained 143.05 points or 1.27 %. Amongst the banking index stocks IDBI Bank, Axis Bank and State Bank of India lead the row.
Bank Nifty Futures shut stop at 11459 up by 141.20 or 1.25 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11500 else below support level of 11270 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11500 above this level the next resistance is seen near to the level of 11780.
SUPPORT: It has first support close to the level of 11270 & below this level the next support is seen near 11090 marks.
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