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Thursday, February 17, 2011

Bank Nifty Intraday Outlook for Tomorrow 18-Feb

Bank Nifty Futures closed at 11138.70, up 172.45 points or 1.57 %.In banking sector index scrip HDFC Bank and IDBI Bank lead the row. Indian Overseas Bank gained 6.85 points or 5.34 % respectively. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11265 else below 10890 it would be in a downward trend.

RESISTANCE: 11265 & 11440.

SUPPORT: 10890 & 10700.

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