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 38 advances and 12 declines. Fii’s were net sellers for 68.84 crores. Dii’s were net sellers for 184.56 crores.

Nifty trading on Friday

Global cues will lead the market on Friday. 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 Thursday

Today bank nifty traded in a rather wide range with positive bias and closed just below the 11,600 levels. Volume was increased compared to previous trade. market breath was positive with 12 advances.

Bank Nifty trading on Friday

Be cautious at higher levels. Trading with strict stop loss and sticking to levels is suggested.

Intraday trading tips-Banknifty

Buy above 11,633 T1-11,700, T2-11,794, T3-11,860, stoploss-11,564
Sell below 11,564 T1-11,483, T2-11,433, T3-11,350 stoploss-11,633

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