Bank Nifty Tips and Forecast for Tomorrow (4th August '11)

In banking, CNX Bank Index lost -50.80 points or 0.47 %. Amongst the banking index Lakshmi Vilas Bank, Axis Bank and Andhra Bank lead the row.

Bank Nifty Futures shut stop at 10776.75 down by -66.65 points or -1.27 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10575 else above resistance level of 10730 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 10730 above this level the next resistance is seen near to the level of 10920.

SUPPORT: It has first support close to the level of 10575 & below this level the next support is seen near 10445 marks.