Bank Nifty Trend and Levels for Tomorrow- Thursday 4th August
Banking sectors not performed well in today's trade and as a result of this CNX Bank Index lost -50.80 points or 0.47 %. Amongst the banking index Lakshmi Vilas Bank, Axis Bank and Andhra Bank were the leaders of the row.
Bank Nifty Futures shut stop at 10776.75 which is down by -66.65 points or -1.27 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 10575 or above the resistance level of 10730 it would be in an upward trend.
Bank Nifty Support and Resistance Levels for Thursday:-
Resistance1- 10730 above this level Resistance2- 10920.
Support1- 10575 & below this level Support2- 10445.
Banking sectors not performed well in today's trade and as a result of this CNX Bank Index lost -50.80 points or 0.47 %. Amongst the banking index Lakshmi Vilas Bank, Axis Bank and Andhra Bank were the leaders of the row.
Bank Nifty Futures shut stop at 10776.75 which is down by -66.65 points or -1.27 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 10575 or above the resistance level of 10730 it would be in an upward trend.
Bank Nifty Support and Resistance Levels for Thursday:-
Resistance1- 10730 above this level Resistance2- 10920.
Support1- 10575 & below this level Support2- 10445.
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