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Wednesday, March 9, 2011

Bank Nifty Trading levels For 10-March

In banking, CNX Bank Index gained 43.25 points or 0.40 %. Amongst the banking stocks Oriental Bank of Commerce, Indian Oversea Bank lead the row.

Bank Nifty Futures shut stop at 10973, down 11.50 points or -0.10 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11155 else below 10790 it might be in a bearish trend.

RESISTANCE: It has first resistance close to the level of 11155 & above this level the next resistance is seen near to the level of 11280
SUPPORT: It has first support close to the level of 10790 & below this level the next support is seen near 10650 marks.

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