Bank Nifty Tips for Tomorrow (30th March ’11)

by Web Rocks

In banking, CNX Bank Index gained 59.10 points or +0.51 %. Amongst the banking stocks Jammu & Kashmir Bank, Allahabad Bank and Yes Bank lead the row.
                                                                                                            
Bank Nifty Futures shut stop at 11602 up 42.70 points or +0.37%.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11700 else below 11520 it would be in a downward  trend. 

RESISTANCE: It has first resistance close to the level of 11700 above this level the next resistance is seen near to the level of 12050. 

SUPPORT: It has first support close to the level of 11520 & below this level the next support is seen near 11330 marks.

Posted by Web Rocks at 6:11 PM