Bank Nifty Tips and Trend for Tomorrow (5th August '11)
In banking, CNX Bank Index lost -50.80 points or 0.47 %. Amongst the banking index Lakshmi Vilas Bank, Axis Bank and Andhra Bank lead the row.
Bank Nifty Futures shut stop at 10532 down by 154.50 points or 1.44 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10525 else above resistance level of 10790 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 10790 above this level the next resistance is seen near to the level of 10920.
SUPPORT: It has first support close to the level of 10525 & below this level the next support is seen near 10445 marks.
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