Nifty and bank nifty levels.

Nifty on Monday

Today nifty traded in a tight range and closed above the 5350 levels. Volume was rather increased compared to previous trade. Market breath was negative with 27 declines and 23 advances. Fii’s were net buyers for 692.73 crores. Dii’s were net sellers for 318.32 crores.

Nifty on Tuesday

As FII’s remained net buyers for Monday we may expect an up move tomorrow. Trading with levels is suggested. The 5340 levels will be a crucial level to be watched for tomorrow trade.

Intraday tips-Nifty

Buy above 5370 T1-5400, T2-5425, T3-5450 stoploss-5347
Sell below 5347 T1-5316, T2-5284, T3-5260 stoploss-5370

Bank Nifty on Monday

Bank nifty trade in wide range with negative bias and closed above the 10,000 levels. Volume was increased compared to previous trade. Market breath was negative with 3 advances and 9 declines.

Bank Nifty on Monday

The 9,950 and 10,131 levels will be a crucial levels to be watched for tomorrow trade. trading with levels is suggested.

Intraday tips-Banknifty

Buy above 10,100 T1-10,150, T2-10,200, T3-10,256 stoploss-10,060
Sell below 10,060 T1-10,000, T2-9,950, T3-9,900 stoploss-10,100

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