BANK NIFTY LEVELS 23 may
In banking, CNX Bank Index lost -40.70 points or -0.38 %. Amongst the banking stocks State Bank of Travancore, Dena Bank and Allahabad Bank lead the row.
Bank Nifty Futures shut stop at 10545.60 down by -52 points or -0.49 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10510 else above resistance level of 10685 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 10685 above this level the next resistance is seen near to the level of 10940.
SUPPORT: It has first support close to the level of 10510 & below this level the next support is seen near 10370 marks
NIFTY FUTURE LEVELS 23 may MONDAY
The markets closed in the red for the third consecutive day of the week as heavyweights RIL, SBI and ONGC witnessed selling pressure through the day. The S&P CNX Nifty closed the day down -18.35 points or -18.35 % at 5420.60.
The Nifty futures closed and settled finally at 5424.05, down by -23.35 or -0.43 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5380 else above resistance level of 5465 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5465 & above this level the next resistance is seen near the 5540 mark.
SUPPORT: It has first support close to the level of 5380 & below this level the next support is seen near 5310 mark.
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