Nifty & Bank Nifty Updates, Intraday Stock Tips for Monday 16 April 2012

NIFTY FUTURES 
The 30-share Sensex ended down 238.11 pts at 17,094.51 and the 50-share Nifty ended down -69.40 pts at 5,207.45. Nifty Futures is looking bullish in the coming trading session if it manages to trade above the resistance level of 5330 else below support  level of 5190 it would be in a downward trend.
 
RESISTANCE1: 5330
RESISTANCE2: 5410
SUPPORT1: 5190
SUPPORT2: 5170


BANK NIFTY FUTURES
Bank Nifty Futures shut stop at 10327.90  down by -97.75 points or -0.94 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10650 else below support  level of 10250 it would be in a downward trend.

RESISTANCE1: 10650
RESISTANCE2: 10900
SUPPORT1: 10250
SUPPORT2: 10040

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