Bank Nifty Tips and Trend for Tomorrow (21st July '11)
In banking, CNX Bank Index lost -173.50 points or -1.53 %. Amongst the banking stocks Indian Overseas Bank, ING Vysya Bank and State bank of Bikaner & Jaipur lead the row.
Bank Nifty Futures shut stop at 11171 down by -173.50 or -1.53 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5545 else above resistance level of 5670 it would be in an upward 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 11080 & below this level the next support is seen near 10975 marks.
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