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

Stock Tips For The Day

Basic Rules for Indian Stock Market :

· Whenever Market is High It Will Fall .

· Whenever Market is Low, if there is no external Factor, It Will rise.

· Same Rules Applies To Stocks Scripts Also

Earning Process

· Always follow Indian stock market.

· When market falls, don't panic, when market zooming don't be overjoyed as you can earn and loose both ways around.

Things to be followed

· Don't panic

· Don't make huge investments

· Don't chase performance

· Don't ignore expenses

· Don't Speculate

Essentials

· Follow according to regular Stock Tips

· Get Rid of the Junk

· Diversify

· Believe in your Investment

· Stick To your Strategy