Nifty and bank nifty trading levels.

Nifty trading on Thursday

Today nifty traded in a tight range with negative bias and closed below the 5700 levels. Volume was increased compared to previous trade. Market was negative with 19 advances, 30 declines and 1 unchanged. Fii’s were net buyers for 399.74 crores. Dii’s were net sellers for 447.87 crores.

Nifty trading on Friday

Global cues will lead the market on Friday. Technically we should be cautious at higher levels. Trading with strict stop loss and sticking to levels is suggested.

Intraday trading tips-Nifty

Buy above 5680 T1-5700, T2-5720, T3-5755 stoploss-5651
Sell below 5651 T1-5624, T2-5600, T3-5575 stoploss-5680

Bank Nifty trading on Thursday

Today bank nifty traded in a negative bias and closed above the 11,400 levels. Volume was increased compared to previous trade. Market breath was positive with 9 advances and 3 declines.

Bank Nifty trading on Friday

Technically we should be cautious at higher levels. Trading with strict stop loss and sticking to levels is suggested.

Intraday trading tips-Banknifty

Buy above 11,483 T1-11,564, T2- 11,614 stoploss-11,433
Sell below 11,433 T1-11,350, T2-11,243, T3-11,170 stoploss-11,483

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