Bank Nifty Levels

Tags : Intraday Tips, Free Stock Tips, Bank Nifty Tips

Industry : Investment Banking

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In banking, CNX Bank Index lost -87.85 points or -0.74 %. Amongst the banking stocks State Bank of Bikaner & Jaipur , City Union Bank and Karnataka Bank lead the row.

Bank Nifty Futures shut stop at 11815 down by -84 points or -0.71 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 12050 else below support level of 11850 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11940 above this level the next resistance is seen near to the level of 12480
SUPPORT: It has first support close to the level of 11720 & below this level the next support is seen near 11510 marks.

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Nifty Trend| Intraday Levels for tomorrow

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The markets ended the day in the red due to the persistent weakness on heavyweight counters such as Reliance Industries and ICICI Bank. The NSE benchmark index S P CNX Nifty, down -34.50 points or -0.59 % at 5833.90. The Nifty futures closed and settled finally at 5835.90, down by -45.20 or -0.77 %. In today’s trading session it manages to trade above the 10 days and 50 days moving averages, from this level either side of movement would be expected. RESISTANCE : It has first resistance close to the level of 5910 above this level the next resistance is seen near the 6000 mark. SUPPORT : It has first support close to the level of 5820 below this level the next support is seen near 5767 mark. ...

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Bank Nifty Levels