Nifty and bank nifty levels.

Nifty on Tuesday

Today nifty traded in a wide range with positive bias and closed below the 5400 levels. Volume remained same as previous trade. Market breath was positive with 30 advances and 20 declines. Fii’s were net buyers for 423.59 crores. Dii’s were net sellers for 365.8 crores.

Nifty on Wednesday

As Fii’s remained net buyers we may see an up move today. Trading with levels is suggested. The 5370 levels will be a crucial level to be watched for intraday trade.

Intraday tips-Nifty

Buy above 5400 T1-5425, T2-5450, T3-5475 stoploss-5387
Sell below 5387 T1-5368, T2-5347, T3-5325 stoploss-5400

Bank Nifty on Tuesday

Today banknifty traded in a wide range with positive bias and closed above the 10,100 levels. Volume remained same as previous trade. Market breath was positive with 7 advances and 5 declines.

Bank Nifty on Wednesday

As bank nifty closed above the 10,100 levels we expect an up move tomorrow. The 10,131 level will be a crucial level to be watched for tomorrow trade. Trading with levels suggested.

Intraday tips-Banknifty

Buy above 10,160 T1-10,223, T2-10,283, T3-10,350 stoploss-10,105
Sell below 10,100 T-10,040, T2-9,970, T3-9,900 stoploss-10,160

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