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Thursday, May 19, 2011

Bank Nifty Futures Intraday Tips For Tomorrow 20-May

In banking, CNX Bank Index lost -40.70 points or -0.38 %. Amongst the banking stocks State Bank of Travancore, Dena Bank and Allahabad Bank lead the row.

Bank Nifty Futures shut stop at 10545.60 down by -52 points or -0.49 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10510 else above resistance level of 10685 it would be in an upward trend.

RESISTANCE: 10685 @ 10940.
SUPPORT: 10510 & 10370 marks.

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