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Thursday, January 20, 2011

Intraday Bank Nifty Tips for Tomorrow 21-Jan

Bank Nifty had seen smart recovery from its bottom and closed near to its resistance level. It may take upside move in coming trading session. One should wait for proper break out on either side. Resistance for Bank Nifty is at 10955/11080 whereas support is at 10745/10500 levels.
RESISTANCE: It has first resistance close to the level of 10955 & above this level the next resistance is seen near the 11080 mark. 

SUPPORT: It has first support close to the level of 10745 & below this level the next support is seen near 10500 marks. 

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