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Wednesday, May 18, 2011

Bank Nifty Futures Outlook For Tomorrow 18-May

In banking, CNX Bank Index lost -243.50 points or -2.23 %. Amongst the banking stocks State Bank of India, Bank of Baroda and Vijaya Bank lead the row.

Bank Nifty Futures shut stop at 10661.05 down by -210.25 points or -1.93 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10585 else above resistance level of 10940 it would be in an upward trend.

RESISTANCE: 10940 @ 11240.
SUPPORT: 10585 & 10370 marks.

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