Bank Nifty Tips and Trend for Tomorrow (1st June '11)
In banking, CNX Bank Index gained 239.40 points or 2.22 %. Amongst the banking stocks HDFC Bank, City Union Bank and Vijaya Bank of India lead the row.
Bank Nifty Futures shut stop at 10918.50 up by 217.80 points or 2.04 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10980 else below support level of 10730 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 10980 above this level the next resistance is seen near to the level of 11240.
SUPPORT: It has first support close to the level of 10730 & below this level the next support is seen near 10620 marks.
Posts
