Technical Overview on Bank Nifty (23rd September '10)
Bank Nifty Future is holding the upper levels and today made strong recovery after small corrections and in the end made closing in the green zone. Now the next technical resistance for bank nifty future seems close to the levels of 12360 to 12365. Decisive closing above this resistance zone may take it up to the level of 12500 in near run. The immediate support for bank nifty future seems close to the level of 12150. Decisive closing below this support may slip it till the levels of 12090 to 12100 in near run.
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