Bank Nifty Tips and Trend for Tomorrow (20th July '11)

In banking, CNX Bank Index gained 85 points or 0.76 %. Amongst the banking stocks ING Vysya Bank, State Bank of Bikaner & Jaipur and Vijaya Bank lead the row.
                                                                                                                
Bank Nifty Futures shut stop at 11347 up by 97.60 or 0.87 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11405 else below support level of 11085 it would be in a downward trend. 

RESISTANCE: It has first resistance close to the level of 11405 above this level the next resistance is seen near to the level of 11500.

SUPPORT: It has first support close to the level of 11200 & below this level the next support is seen near 11080 marks.