Bank Nifty Levels for Next Week- Monday 25th July 2011
Today Banking Sectors made a drastic move and became the top performer of today's trade. 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 were the leaders of the row.
Bank Nifty Futures finally settled and closed at 11310.60 and up by 243.15 or 2.20 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 11405 or below support level of 11110 it would be in a downward trend.
Bank Nifty Futures Support and Resistance Levels for Monday:-
Resistance1- 11405 & above this level Resistance2- 11500.
Support1- 11110 & below this level Support2- 10975.
Today Banking Sectors made a drastic move and became the top performer of today's trade. 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 were the leaders of the row.
Bank Nifty Futures finally settled and closed at 11310.60 and up by 243.15 or 2.20 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 11405 or below support level of 11110 it would be in a downward trend.
Bank Nifty Futures Support and Resistance Levels for Monday:-
Resistance1- 11405 & above this level Resistance2- 11500.
Support1- 11110 & below this level Support2- 10975.
0 comments
Post a Comment