Daily Market Outlook Bank Nifty Spot Levels : 23 may 11

Bank  Nifty Index Lost 10665  . it is looking Consolidate in upcoming trading session. If it copes to Support level 10390,then market would be upward trend and if it breaks this level then would go down by 120 points that is , 10270 and if its does not sustain to this level then would decline by110 points more If  Bank Nifty manages below this level  10750 then market would be downward trend and if it breaks then would go higher upto  10915.

Support : It has first support near to the levels of  10390 and below this level near to 10270

Resistance : It Its first Resistance  near to 10750 and above  this level near to 10915

Posted in: Bank Nifty Levels - 23-05-2011,Market Outlook for 23-05-2011