Nifty and bank nifty trade levels.

Nifty trade on Thursday

Today nifty traded in a tight range with negative bias and closed above the 5400 levels. Volume was decreased compared to previous trade. Market breath was negative with 21 advances and 28 decline and 1 remained unchanged. Fii’s were net buyers for 361.48 crores. Dii’s were net sellers for 156.05 crores.

Nifty trade on Friday

As nifty traded in a indecisive manner on Thursday, we should strictly trade with levels. I expect selling at higher levels. The 5400 levels will be crucial level to be watched. Trading with levels is suggested.

Intraday trade tips-Nifty

Buy above 5438 T1-5462, T2-5483, T3-5505 stoploss-5415
Sell below 5415 T1-5387, T2-5368, T3-5347 stoploss-5438

Bank Nifty trade on Thursday

Today too bank nifty traded in a tight range with negative bias and closed above the 10,200 levels. Volume was decreased compared to previous trade. Market breath was negative with 4 advances and 8 declines.

Bank Nifty trade on Friday

As bank nifty traded in a indesive manner trading with levels is suggested. The 10,131 levels will be a crucial level to be watched for today intraday trade.

Intraday trade tips-Banknifty

Buy above 10,240 T1-10,300, T2-10,367, T3-10,420 stoploss-10,180
Sell below 10,180 T1-10,120, T2-10,070, T3-10,000 stoploss-10,240

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