Nifty and bank nifty trading levels.

Nifty trading on Monday

Today nifty traded in a tight range with positive bias and closed above the 5700 levels. Volume was decreased compared to previous trade. Market breath was neutral with 26 advances and 24 declines. Fii’s were net buyers for 207.51 crores. Dii’s were net sellers for 474.2 crores.

Nifty trading on wednessday

Global cues will lead the market on Tuesday. As volume and fii’s buying was reduced we should be cautious at higher levels. Trading with strict stop loss and sticking to levels is suggested.

Intraday trading tips-Nifty

Buy above 5740 T1-5766, T2-5785, T3-5806 stoploss- 5720
Sell below 5720 T1-5700, T2-5680, T3-5651 stoploss-5740

Bank Nifty trading on Monday

Today bank nifty traded in a tight range with negative bias and closed above the 11,400 levels. Volume was decreased compared to previous trade. Market breath was negative with 4 advances and 8 declines.

Bank Nifty trading on wednessday

As volume was reduced 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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