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Monday, January 24, 2011

Banknifty Trading Strategy for 25th jan


Bank Nifty saw good recovery in last trading session after good result of ICICI Bank and its up move will continue in coming session If it breaks 11185 level. One should take position after proper break out. Resistance for Bank Nifty Future is at 11185/11325 and Support is at 10990/10745 levels


RESISTANCE: It has first resistance close to the level of 11185 & above this level the next resistance is seen near the 11325 mark.
SUPPORT: It has first support close to the level of 10990 & below this level the next support is seen near 10745 marks.

FUTURES & Nifty Intraday Calls:
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