Bank Nifty Trend and Levels for Tomorrow- Wednesday 3rd August 2011
Banking sectors were the worst performers of today's trading session, CNX Bank Index lost -195.70 points or 1.79 %. Amongst the banking index Canara Bank, Central Bank and Federal Bank were the leaders of the row.
Bank Nifty Futures shut stop at 10776.75 which is down by-66.65 points or -1.27 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 10740 or above the resistance level of 10920 it would be in an upward trend.
Bank Nifty Support and Resistance Levels for Wednesday:-
Resistance1- 10920 & above this level
Resistance2- 11075.
Support2- 10740 & below this level
Support2- 10610.
Banking sectors were the worst performers of today's trading session, CNX Bank Index lost -195.70 points or 1.79 %. Amongst the banking index Canara Bank, Central Bank and Federal Bank were the leaders of the row.
Bank Nifty Futures shut stop at 10776.75 which is down by-66.65 points or -1.27 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 10740 or above the resistance level of 10920 it would be in an upward trend.
Bank Nifty Support and Resistance Levels for Wednesday:-
Resistance1- 10920 & above this level
Resistance2- 11075.
Support2- 10740 & below this level
Support2- 10610.
0 comments
Post a Comment