Nifty and bank nifty trading levels.

Nifty trading on Tuesday

Today nifty traded in a rather wide range with negative bias and closed below the 5700 levels. Volume was increased compared to previous trade. Market was negative with 11 advances and 39 declines. Fii’s were net sellers for 204.19 crores. Dii’s were net buyers for 595.39 crores.

Nifty trading on Wednesday

Global cues will lead the market on Wednesday. Technically we may expect selling pressure 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 Tuesday

Today nifty traded in a rather wide range with negative bias and closed below the 11,400 levels. Volume was increased compared to precious trade. market breath was negative with 1 advances and 11 declines.

Bank Nifty trading on Wednesday

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 11,400 T1-11,483, T2-11,564, T3-11,614 stoploss-11,350
Sell below 11,350 T1-11,243, T-11,170, T3-11,040 stoploss-11,400

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