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Tuesday, April 5, 2011

Bank Nifty Intraday Tips and Trend For 06-April 11

In banking, CNX Bank Index lost -5.40 points or -0.05 %. Amongst the banking stocks Vijaya Bank, Uco Bank and Syndicate Bank lead the row.

Bank Nifty Futures shut stop at 11845.10 up by +39.85 points or +0.34 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11956 else below 11684 it would be in a downward trend.

RESISTANCE: 11956 & 12050.
SUPPORT: 11728 & 11580 marks.

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