Nifty and bank nifty trading levels.

Nifty trading on Friday

Today nifty traded in a rather wide range with negative bias and closed above the 5600 levels. volume was decreased compared to previous trade. Market breath was negative with 6 advances and 44 declines. Fii’s were net buyers for 5.9.71 crores. Dii’s were net sellers for 374.72 crores.

Nifty trading on Monday

Global cues will lead the market on Monday. The 5600 levels will see strong resistant. As FII’s were buyers and volume was decreased, in my perspective, we may expect buying on monday. Trading with strict stop loss and sticking to levels is suggested. Book profits with trailing stoploss.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy above 5600	5624	5651	5680	5575
Sell below 5575	5554	5528	5505	5600

Bank Nifty trading on Friday

Today bank nifty traded in a rather wide range with negative and closed above the 11,400 levels. Volume was decreased compared to previous trade. Market breath was negative with 0 advances and 12 declines.

Bank Nifty trading on Monday

Cautious trading at higher levels is advised. Trading with strict stop loss and sticking to levels is suggested. Book profits with trailing stoploss.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy above 11,400	11,500	11,590	11,700	11,321
Sell below 11,321	11,243	11,146	11,046	11,400

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