Nifty and bank nifty trading levels.

Nifty trading on Monday

Today nifty traded in a rather wide range with negative bias and closed below the 5700 levels. Volume was decreased compared to previous trade. Market was negative with 12 advances and 37 declines and 1 unchanged. Fii’s were net buyers for 563.84 crores. Dii’s were net sellers for 779.61 crores.

Nifty trading on Tuesday

Global cues will lead the market on Tuesday. Technically we may see selling pressure at higher levels. 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 Monday

Today bank nifty traded in a rather wide range with negative bias and closed below the 11,400 levels. Volume was decreased compared to previous trade. Market breath was negative with 2 advances and 10 declines.

Bank Nifty trading on Tuesday

Technically we may see 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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