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Monday, May 9, 2011

Bank Nifty Intraday Outlook For Tomorrow 10-May

In banking, CNX Bank Index lost -68.60 points or -0.62 %. Amongst the banking stocks Oriental Bank of Commerce, Vijaya Bank and Bank of India lead the row.

Bank Nifty Futures shut stop at 11083.50 down by -60.40 % points or -0.54 % It is looking bearish in the coming trading session if it manages to trade below the support level of 11950 else above resistance level of 11240 it would be in a upward trend.

RESISTANCE: 11240 & 11730.
SUPPORT: 11950 & 10690 marks.

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