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Bank Nifty for Thursday, 19 May 2011

Discussion in 'Stock Market News & Analysis' started by rohans305, May 18, 2011.

  1. rohans305

    rohans305 Member

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    CNX Bank Index lost -243.50 points or -2.23 %. Amongst the banking stocks Canara Bank, Dena Bank and State Bank of India lead the row.
    Bank Nifty Futures shut stop at 10661.05 down by -210.25 points or -1.93 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10520 else above resistance level of 10685 it would be in an upward trend.
    It has resistance close to the level of 10685 above this level the next resistance near to the level of 10980. It has support close to the level of....read more
     
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