Nifty and bank nifty trading levels.

Nifty trading on Friday

Today nifty traded in a rather tight range with negative bias and closed below the 5800 levels. Volume was increased compared to previous trade.Market was negative with 14 advances and 35 declines and 1 unchanged. Fii’s were net buyer for 4951.99 crores. Dii’s were net sellers for 189.1 crores.

Nifty trading on Monday

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

Intraday trading tips-Nifty

Buy above 5766 T1-5785, T2-5806, T3-5830 stoploss-5740
Sell below 5740 T1-5720, T2-5700, T3-5680 stoploss-5766

Bank Nifty trading on Friday

Today bank nifty traded in a rather tight range with negative bias and closed above the 11,500 levels. Volume was increased compared to previous trade. Market breath was negative with 1 advance and 11 declines.

Bank Nifty trading on Monday

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

Intraday trading tips-Banknifty

Buy above 11,590 T1-11,700, T2-11,794, T3-11,860 stoploss-11,500
Sell below 11,500 T1-11,400, T2-11,321, T3-11,243 stoploss-11,590

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