Nifty Bank Nifty Levels for Next Week
Yesterday markets closed with marginal gains. The S&P CNX Nifty closed at 5084.25 which was up by 8.55 points or 0.17 %.Nifty Futures settled and closed at 5087 up by 5.80 points or 0.11 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5190 or below the support level of 5070 it would be in a downward trend.
Support and Resistance Levels for Monday:-
Resistance1- 5190 & above this level
Resistance2- 5240.
Support1- 5070 & below this level
Support2- 4950.
Bank Nifty Futures:-
Yesterday in banking sector, CNX Bank Index gained 59.90 points or 0.62 %. Amongst the banking index stocks State Bankof India, Union Bank and Axis Bank were the leaders of the row.
Bank Nifty Futures finally settled and closed at 9725 which is up by 51.40 points or 0.53 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 9840 or below the support level of 9590 it would be in a downward trend.
Support and Resistance Levels for Monday:-
Resistance1- 9840 above this level
Resistance2- 9990.
Support1- 9590 & below this level
Support2- 9370.
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