Showing posts with label Technical View on Bank Nifty. Show all posts
Showing posts with label Technical View on Bank Nifty. Show all posts
Bank Nifty Forecast for Tomorrow (8th April ’11)
In banking, CNX Bank Index gained 24.35 points or 0.21 %. Amongst the banking stocks ING Vysya, Yes Bank and Lakshmi Vilas Bank lead the row.
Bank Nifty Futures shut stop at 11804.90 up by 19.85 points or 0.17 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11956 else below 11684 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11956 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11684 & below this level the next support is seen near 11580 marks.
Bank Nifty Forecast for Tomorrow (7th April ’11)
In banking, CNX Bank Index lost -76.40 points or -0.64 %. Amongst the banking stocks Indian Oversea Bank, Yes Bank and Vijaya Bank lead the row.
Bank Nifty Futures shut stop at 11785.05 down by -76.40 points or -0.64 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11956 else below 11728 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11956 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11728 & below this level the next support is seen near 11580 marks.
Bank Nifty Tips for Tomorrow (6th April ’11)
In banking, CNX Bank Index lost -5.40 points or -0.05 %. Amongst the banking stocks Vijaya Bank, Uco Bank and Syndicate Bank lead the row.
Bank Nifty Futures shut stop at 11845.10 up by +39.85 points or +0.34 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11956 else below 11684 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11956 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11728 & below this level the next support is seen near 11580 marks.
Intraday Tips for Bank Nifty Trading (5th April ’11)
In banking, CNX Bank Index gained 213.45 points or +1.84 %. Amongst the banking stocks Dhanalaxmi Bank, Karnataka Bank and Lakshmi Bank and City Union Bank lead the row.
Bank Nifty Futures shut stop at 11884.95 up by 207.85 points or +1.78%.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11956 else below 11684 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11956 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11684 & below this level the next support is seen near 11580 marks.
Trading Tips on Bank Nifty (4th April ’11)
In banking, CNX Bank Index lost 114.50 points or -0.51 %. Amongst the banking stocks Union Bank of India, Yes Bank and State Bank of India lead the row.
Bank Nifty Futures shut stop at 11689 down -74.35 points or 0.63 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11800 else below 11580 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11800 above this level the next resistance is seen near to the level of 11960.
SUPPORT: It has first support close to the level of 11580 & below this level the next support is seen near 11335marks.
Bank Nifty Tips for Tomorrow (1st April ’11)
In banking, CNX Bank Index lost 59.75 points or -0.51 %. Amongst the banking stocks Union Bank of India, Yes Bank and State Bank of India lead the row.
Bank Nifty Futures shut stop at 11705.05 down -84.70 points or 0.72 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11900 else below 11580 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11900 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11580 & below this level the next support is seen near 11330 marks.
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