Bank Nifty Tips and Forecast for Tomorrow (2nd August '11)
In banking, CNX Bank Index gained 45.35 points or 0.42 %. Amongst the banking index ING Vysya Bank, Kotak Mahindra Bank and Jammu & Kashmir Bank lead the row.
Bank Nifty Futures shut stop at 10940 up by 29.20 points or 0.27 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11130 else below support level of 5440 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11130 above this level the next resistance is seen near to the level of 11500.
SUPPORT: It has first support close to the level of 10900 & below this level the next support is seen near 10760 marks.
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