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Friday, March 18, 2011

Bank Nifty Outlook For Monday 21-March

In banking, CNX Bank Index lost -105.65 points or -0.96 %. Amongst the banking stocks Canara Bank, City Union Bank and Bank of Maharashtra lead the row.

Bank Nifty Futures shut stop at 10715.90 down -136.05 points or -1.25 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10615 else above 10960 it would be in an upward trend.

RESISTANCE: 10960 & 11050.
SUPPORT: 10615 & 10520.

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