Bank Nifty Tips and Forecast for Tomorrow (25th July '11)
In banking, CNX Bank Index gained 242.15 points or 2.19 %. Amongst the banking index Union Bank of India, Axis Bank and ICICI Bank lead the row.
Bank Nifty Futures shut stop at 11310.60 up by 243.15 or 2.20 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11405 else below support level of 11110 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11405 above this level the next resistance is seen near to the level of 11500.
SUPPORT: It has first support close to the level of 11110 & below this level the next support is seen near 10975 marks.
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