Bank Nifty Tips and Trend for Tomorrow (8th August '11)
In banking, CNX Bank Index lost -182.85 points or -1.73 %. Amongst the banking stocks Karnataka Bank, Lakshmi Vilas Bank and Dhanlaxmi Bank lead the row.
Bank Nifty Futures shut stop at 10366 down by -185.95 points or -1.76 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10155 else above resistance level of 10380 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 10380 above this level the next resistance is seen near to the level of 10790.
SUPPORT: It has first support close to the level of 10155 & below this level the next support is seen near 10030 marks.
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