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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