Nifty and bank nifty trading levels.

Nifty trading on Thursday

Today nifty traded in a tight range with positive bias and closed above the 5700 levels. Volume was increased compared to previous trade. Market was positive with 41 advances and 9 declines. Fii’s were net buyers for 1043.01 crores. Dii’s were net sellers for 573.32 crores.

Nifty trading on Friday

Glabal cues will lead the market on Friday. Be caustious at higher levels.Trading with strict stop loss and sticking to levels is suggested.

Intraday trading tips-Nifty

Buy above 5720 T1-5755, T2-5785, T3-5804 stoploss-5706
Sell below 5706 T1-5680, T2-5651, T3-5624 stoploss-5720

Bank Nifty trading on Thursday

Today bank nifty traded in a tight range with positive bias and closed above the 11,400 levels. Volume was increased compared to previous trade. Market breath was positive with 12 advances.

Bank Nifty trading on Friday

Technically we may expect selling pressure at higher levels. .Trading with strict stop loss and sticking to levels is suggested.

Intraday trading tips-Banknifty

Buy above 11,520 T1-11,587, T2-11,637, T3-11,709 stoploss-11,480
Sell below 11,480 T1-11,433, T2-11,350, T3-11,243 stoploss-11,520

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