Tuesday, May 24, 2011

Bank Nifty Technical View on 25th May 2011

Bank Nifty Futures shut stop at 10428.85 up by 70.55 points or 0.68 %. It is looking bearish in the coming trading session if it manages to trade support level of 10330 else above resistance level of 10525 it would be in an upward trend.

Resistance: It has first resistance close to the level of 10525 above this level the next resistance is seen near to the level of 10545.

Support: It has first support close to the level of 10330 & below this level the next support is seen near 10210 marks.