Showing posts with label Technical Analysis. Show all posts
Showing posts with label Technical Analysis. Show all posts

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.