Showing posts with label Technical Outlook. Show all posts
Showing posts with label Technical Outlook. Show all posts
Intraday Calls for Tomorrow- Bank Nifty Thursday, 19 May 2011
[6:29 PM | 0 comments ]
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CNX Bank Index lost -243.50 points or -2.23 %. Amongst the banking stocks Canara Bank, Dena Bank and State Bank of India lead the row.
Bank Nifty Futures shut stop at 10661.05 down by -210.25 points or -1.93 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10520 else above resistance level of 10685 it would be in an upward trend.
It has resistance close to the level of 10685 above this level the next resistance near to the level of 10980. It has support close to the level of 10520 & below this level the next support near 10370 marks.

Intraday Calls for Tomorrow- Bank Nifty Futures Tuesday 10 May 2011
[6:15 PM | 0 comments ]
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In banking, CNX Bank Index lost -68.60 points or -0.62 %. Amongst the banking stocks Oriental Bank of Commerce, Vijaya Bank and Bank of India lead the row.
Bank Nifty Futures shut stop at 11083.50 down by -60.40 % points or -0.54 % It is looking bearish in the coming trading session if it manages to trade below the support level of 11950 else above resistance level of 11240 it would be in a upward trend.
It has resistance close to the level of 11240 above this level the next resistance near to the level of 11730. It has support close to the level of 11950 & below this level the next support near 10690 marks.

Intraday Calls for Tomorrow (Bank Nifty Futures for Friday 6 May 2011)
[6:32 PM | 0 comments ]
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In banking, CNX Bank Index lost 183.25 points or -1.68 %. Amongst the banking stocks Punjab National Bank, ING Vysya Bank and Vijaya Bank lead the row.
Bank Nifty Futures shut stop at 10748.45 down by 79.65 % points or 1.44 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10690 else above resistance level of 11010 it would be in a upward trend.
It has resistance close to the level of 11010 above this level the next resistance near to the level of 11380. It has support close to the level of 10690 & below this level the next support near 10520 marks.

Intraday Tips Friday (Nifty Prediction Tomorrow 15 April 2011)
[6:32 PM | 0 comments ]
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Indian markets showed an upward rally today after showing low for five sessions and ended near psychological resistance levels. All the pectoral indices ended in the green with capital goods, auto and banking stocks leading the up move. The S&P CNX Nifty closed at 5911.50, up by 140.35 or 2.42 %.
The Nifty futures closed and settled finally at 5944, up by 140.35 points or 2.42 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5950 else below support level of 5750 it would be in a downward trend.
It has resistance close to the level of 5950 & above this level the next resistance near the 6000 mark. It has support close to the level of 5750 & below this level the next support near 5695 mark.