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Wednesday, May 11, 2011

Bank Nifty Intraday Outlook For Tomorrow 12-May

CNX Bank Index today gained 49.65 points (+ 0.45 %) . Amongst the banking stocks ING Vysya, South India and Yes Bank were the top gainers.

Bank Nifty Futures closed at 11039.55 down 17.85 points or 0.16 % It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11120 else below support level of 10900 it would be in a downward trend.

RESISTANCE: 11120 & 11240.
SUPPORT: 11900 & 10780 marks.

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