Showing posts with label Bank Nifty Technical Levels. Show all posts
Showing posts with label Bank Nifty Technical Levels. Show all posts
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Yesterday Nifty Futures settled and closed at 5317 which is up by 21.15 points or 0.40 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5360 or below support level of 5220 it would be in a downward trend.
Resistance1- 5360, Resistance2- 5410, Support1- 5220, Support2- 5080.

Yesterday Bank Nifty Futures finally settled and closed at 9888 which is up by 58.10 points or 0.59 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5360 or below support level of 5220 it would be in a downward trend.
Resistance1- 9950, Resistance2- 10020, Support1- 9840, Support2- 9670.

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The market is likely to trade with an upward bias. The Nifty will settle at a bottom level of 5255-5205. The Support for Nifty is at 5,320 and Resistance at 5,483. The market unfolded as it was expected the market can still climb to 5,483.

Nifty F&O Call: Sell with day target 5235 and Stop Loss 5345
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Bank Nifty Levels for Tomorrow- Wednesday 7th September 2011

Today Banking sectors also traded well and CNX Bank Index gained about 43.55 points or 0.45 %. Amongst the banking index Dhanalakshmi Bank, Kotak Mahindra Bank and Axis Bank were the leaders of the row.   
Bank Nifty Futures finally settled and closed at 9686 which is up by 89.25 points or 0.93. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 9700 or below support level of 9325 it would be in a downward trend.

Support and Resistance Levels for Wednesday:-
Resistance1- 9700 above this level
Resistance2- 9990.
Support1- 9325 & below this level
Support2- 9060.

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Bank Nifty Levels for Tomorrow- Tuesday 6th September 2011 

Today Banking sectors traded very well and CNX Bank Index gained 9614.05 points or 0.34 %. Amongst the banking index Lakshmi Vilas Bank, Axis Bank and Andhra Bank were the leaders of the row.   
Bank Nifty Futures settled and closed at 9596.75 up by 36.15 points or 0.38 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 10525 or above the resistance level of 10790 it would be in an upward trend.

Support and Resistance Levels for Tuesday:-
Resistance1- 9660 above this level
Resistance2- 9990.
Support1- 9420 & below this level
Support2- 9340.

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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.

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Bank Nifty Levels for Tomorrow- Friday 2nd sept. 2011

Today also banking sectors were the top performers and CNX Bank Index gained 190.95 or 2.04 %. Amongst the banking stocks State Bank of Mysore, State Bank of Travancore and State Bank of Bikaner & Jaipur were the leaders of the row.   
Bank Nifty Futures settled and closed at 9521.65 which is up by 176.65 points or 1.89 %. It is looking bullish in the coming trading session if it would be able to manages to trade above the resistance level of 9600 or below the support level of 9340 it would be in a bearish trend.

Bank Nifty Futures Support and Resistance Levels for Friday:-
Resistance1- 9600 & above this level
Resistance2- 9990.
Support1- 9340 & below this level
Support2- 9060.

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Bank Nifty Levels for Tomorrow- Tuesday 30th August 2011 

Today banking sectors also made drastic move and CNX Bank Index lost -202.70 points or -2.63 %. Amongst the banking stocks Dhanalakshmi Bank, Syndicate Bank and Indian Vilas Bank were the leaders of the row.   
Bank Nifty Futures shut stop at 9368 up by 394.05 points or 4.40 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 9420 or below the support level of 9060 it would be in a downward trend.

Bank Nifty Futures Support and Resistance Levels for Tuesday:-
Resistance1- 9420 & above this level
Resistance2- 9570.
Support1- 9060 & below this level
Support2- 8900.

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Bank Nifty Levels for Next Week- Monday 29th August 2011

Yesterday banking sectors were the worst performers and CNX Bank Index lost about -202.70 points or -2.63 %. Among all the banking stocks Federal Bank, Oriental Bank of Commerce and Lakshmi Vilas Bank performed good.
Bank Nifty Futures finally settled and closed at 8962 which is down by about -242.30 points or -2.63 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 8815 or above the resistance level of 9255 it would be in an upward trend.

Bank Nifty Futures Support and Resistance Levels for Monday:-
Resistance1- 9255 & above this level
Resistance2- 9420.
Support1- 8815 & below this level
Support2- 8400.

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Bank Nifty Levels for Tomorrow- Friday 26th August 2011

CNX Bank Index lost -154.60 points or -1.66 %. Amongst the banking stocks Development Credit Bank, ING Vysya Bank and Dena Bank leads the row.   
Bank Nifty Futures settled at 9177.25 which is down by -141.35 points or -1.52 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 9135 or above the resistance level of 9420 it would be in an upward trend.

Bank Nifty Futures Support and Resistance Levels for Friday:-
Resistance1- 9420 & above this level
Resistance2- 9600.
Support1- 9135 & below this
Support2- 8905.

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Bank Nifty Levels for Tomorrow- Thursday 25th August 2011

CNX Bank Index lost -156.85 points or -1.65 %. Amongst the banking stocks Federal Bank, Oriental Bank of Commerce and Lakshmi Vilas Bank were the leaders of the row.   
Bank Nifty Futures shut stop at 9318.60 down by -161.70 points or -1.71 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 9230 or above the resistance level of 9600 it would be in an upward trend.

Bank Nifty Futures Support and Resistance Levels for Thursday:-
Resistance1- 9600 & above this level
Resistance2- 9990.
Support1- 9230 & below this
Support2- 9030.

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Bank Nifty Trend and Levels for Tomorrow- Thursday 11th August 2011

In banking, CNX Bank Index gained 10463.20 points or 2.62 %. Amongst the banking stocks South Indian Bank, State Bank of Mysore and Canara Bank lead the row.   
Bank Nifty Futures shut stop at 10474 up by 246.80 points or 2.41 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10500 else support level of 10360 it would be in a downward trend.


Bank Nifty Support and Resistance Levels for Thursday:-
RESISTANCE: It has first resistance close to the level of 10500 & above this level the next resistance is seen near the 10790 mark.
SUPPORT: It has first support close to the level of 10360 & below this level the next support is seen near 9930 mark. 


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Bank Nifty Trend and Levels for Tomorrow- Thursday 4th August

Banking sectors not performed well in today's trade and as a result of this CNX Bank Index lost -50.80 points or 0.47 %. Amongst the banking index Lakshmi Vilas Bank, Axis Bank and Andhra 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 10575 or above the resistance level of 10730 it would be in an upward trend.


Bank Nifty Support and Resistance Levels for Thursday:-
Resistance1- 10730 above this level Resistance2- 10920.
Support1- 10575 & below this level Support2- 10445.


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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.

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Bank Nifty Prediction and Levels for Next Week- Monday 1st August 2011

Yesterday Banking sectors traded well and CNX Bank Index gained 65.15 points or 0.60 %. Amongst the banking index Dena Bank, Axis Bank and Syndicate Bank were the leaders of the row.
Bank Nifty Futures shut stop at 10926.50 which was up by 62 points or 0.57 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 10760 or above the resistance level of 10980 it would be in an upward trend.


Bank Nifty Support and Resistance Levels for Monday:-
Resistance1- 10980 & above this level Resistance2- 11130.
Support1- 10760 & below this level Support2- 10600.

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Bank Nifty Prediction and Levels for Tomorrow- Wednesday 27th July

Today Banking sectors were also affected by RBI's policy and CNX Bank Index lost -277.25 points or -2.43 %. Amongst the banking index Dhanalakshmi Bank, Yes Bank and Kotak Bank were the main leaders of the row.   
Bank Nifty Futures settled and closed at 11104 which is down by -295.25 or 2.59 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 11030 or above the resistance level of 11495 it would be in an upward trend.

Bank Nifty Futures Support and Resistance Levels for Wednesday:-
Resistance1- 11495 above this level Resistance2- 11780.
Support1- 11030 & below this level Support2- 10975.

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Bank Nifty Prediction and Levels for Tomorrow- Tuesday 26th July 2011


Today Banking Sectors also made huge gains, CNX Bank Index gained 99.85 points or 0.88 %. Amongst the banking index Oriental Bank of Commerce, Punjab National Bank and Axis Bank were the leaders of the row.   
Bank Nifty Futures finally settled and closed at 11399.25 which is up by 88.65 or 0.78 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 11495 or below the support level of 11240 it would be in a downward trend.

Bank Nifty Support and Resistance Levels for Tuesday:-
Resistance1-  11495 & above this level Resistance2-  11780.
Support1-  11240 & below this level Support2-  10975.

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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.

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Bank Nifty Levels for Friday 22nd July 2011
Bank nifty continued it's down trend and CNX Bank Index lost -114.90 points or -1.03 %. Amongst the banking stocks Kotak Mahindra Bank, Bank of Maharashtra and Development Credit Bank were the leaders of the row.   
Bank Nifty Futures finally settled and closed at 11077 down by -102.45 or -0.92 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 10970 or above resistance level of 11230 it would be in an upward trend.
Support and Resistance Levels for Friday:-
    
Resistance 1- 11230 above this level Resistance 2- 11405.
Support 1- 10970 below this level Support 2- 10800.

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In banking, CNX Bank Index gained 18.80 points or 0.17 %. Amongst the banking stocks Yes Bank, Karnataka Bank and City Union Bank and Lakshmi Vilas Bank lead the row.Bank Nifty Futures shut stop at 10882 up by 50.85 points or 0.47 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10935 else below support level of 10760 it would be in a downward trend.
It has resistance close to the level of 10935 above this level the next resistance near to the level of 11240. It has support close to the level of 10760 & below this level the next support near 10620 marks.

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In banking, CNX Bank Index gained 72.65 points or 0.67 %. Amongst the banking stocks Yes Bank, Kotak Mahindra Bank and Oriental Bank of Commerce lead the row.
Bank Nifty Futures shut stop at 10831.15 up by 69.55 points or 0.65 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10865 else below support level of 10620 it would be in a downward trend.
It has resistance close to the level of 10865 above this level the next resistance near to the level of 10950. It has support close to the level of 10620 & below this level the next support near 10430 marks.