Bank Nifty Tips and Trend for Tomorrow (12th July '11)
In banking, CNX Bank Index lost 149.65 points or 1.33 %. Amongst the banking index stocks Axis Bank, Vijaya Bank and Canara Bank lead the row.
Bank Nifty Futures shut stop at 11145.60 down by -176.95 or 1.56 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11300 else below support level of 11090 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11300 above this level the next resistance is seen near to the level of 11500.
SUPPORT: It has first support close to the level of 11090 & below this level the next support is seen near 10990 marks.
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