Pages

Monday, December 5, 2011

Weekly Bank Index Support And Resistance

Bank Nifty DEC Future: Current price is 9207/- Consider for this week...Buy considering 9128 & 9055-9025 nearest & 8962 a solid support keeping stop loss of 8877.
Upward side it'll rush up further to 9348-9368 & 9455-9530 initially where profit booking will be seen, keep stop loss of 9580 to your any fresh shorts. In any better scenario a close above 9580 only it'll sustain on higher levels & flare up to 9923.
Downward side break below 8877 it'll turn weak & fall down to 8730 & 8621.

Sl .no.

Bank Name(s)

Current price(Rs.)

Support (Rs.)

Resistance(Rs.)

1

AXIS Bank

1010

981

1000

2

SBI

1886

1802

1900, 1931

3

DENA Bank

66.20

62.50

68.50, 72

4

UCO Bank

64.70

60

68.50

5

ICICI Bank

787

775

799, 804

6

IDFC

115

110

119.5

7

IDBI

97

94

101

No comments:

Post a Comment

Assured Return Property in Gurgaon Rent apartment in Gurgaon Assured Return Property