Bank Nifty Tips and Forecast for Tomorrow (19th August '11)
In banking, CNX Bank Index lost -351.70 points or -3.53 %. Amongst the banking stocks UCO Bank, United Bank of India and Indian Bank lead the row.
Bank Nifty Futures shut stop at 9552.90 down by -402 points or -4.04 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 9540 else above resistance level of 9990 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 9990 & above this level the next resistance is seen near the 10195 mark.
SUPPORT: It has first support close to the level of 9540 & below this level the next support is seen near 9275 mark.
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