Nifty and bank nifty trading levels.

Nifty trading on Friday

Today nifty traded in a tight range with negative bias and closed below the 5700 levels. Volume was almost same as previous trade. Market was negative with 20 advances and 30 declines. Fii’s were net buyers for 201.16 crores. Dii’s were net buyers for 188.29 crores.

Nifty trading on Monday

Global cues will lead the market on Monday. Trading with strict stop loss and sticking to levels is suggested.

Intraday trading tips-Nifty

Buy above 5700 T1-5720, T2-5755, T3-5785 stoploss-5680
Sell below 5680 T1-5651, T2-5624,T3-5600 stoploss-5700

Bank Nifty trading on Friday

Today bank nifty traded in a tight range with negative bias and closed below the 11,400 levels. Volume was almost same as previous trade. Market breath was negative with 4 advances and 8 declines.

Bank Nifty trading on Monday

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 11,483 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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