Today banknifty open gap up and closed with gain of 1.40% i.e 153 points up.
Top gainer was Axis bank with 4.35% up.
Bank nifty got resisted around 11200 as writing again and again from 15/2/2012 that 11000-11200 is a resistance zone for banknifty.
Week ended with strong gain and yet no weakness seen in weekly chart.
Weekly channel support comes around 10600 and resistance around 11600-650
Top gainer was Axis bank with 4.35% up.
Bank nifty got resisted around 11200 as writing again and again from 15/2/2012 that 11000-11200 is a resistance zone for banknifty.
Week ended with strong gain and yet no weakness seen in weekly chart.
Weekly channel support comes around 10600 and resistance around 11600-650
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