Bank Nifty Levels for Next Week- Monday 5th September 2011
Yesterday banking sectors also traded good and CNX Bank Index gained 47.95 or 0.50 %. Amongst the banking stocks Syndicate Bank, Indus Ind Bank and Andhra were the leaders of the row.
Bank Nifty Futures finally settled and closed at 9576.05 which is up by 54.40 points or 0.57 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 9660 or below the support level of 9450 it would be in a bearish trend.
Bank Nifty Futures Support and Resistance Levels for Monday:-
Resistance1- 9660 & above this level
Resistance2- 9990.
Support1- 9450 & below this level
Support2- 9340.
Yesterday banking sectors also traded good and CNX Bank Index gained 47.95 or 0.50 %. Amongst the banking stocks Syndicate Bank, Indus Ind Bank and Andhra were the leaders of the row.
Bank Nifty Futures finally settled and closed at 9576.05 which is up by 54.40 points or 0.57 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 9660 or below the support level of 9450 it would be in a bearish trend.
Bank Nifty Futures Support and Resistance Levels for Monday:-
Resistance1- 9660 & above this level
Resistance2- 9990.
Support1- 9450 & below this level
Support2- 9340.
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