Tuesday, November 27, 2012

Nifty and bank nifty trading levels.

Nifty trading on Tuesday

Today nifty traded in a wide range with positive bias and closed above the 5700 levels. volume was increased compared to previous trade. Market breath was positive with 47 advances and 3 declines. Fii’s were net buyers for 1082.74 crores. Dii’s were net sellers for 208.51crores.

Nifty trading on Thursday

Global cues will lead the market on Thursday. 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 5740 5766 5785 5806 5720
Sell below 5720 5700 5680 5651 5740

Bank Nifty trading on Tuesday

Today bank nifty traded in a wide range with positive bias and closed above the 11,600 levels. Volume was increased compared to previous trade. Market breadth was positive with 12 advances.

Bank Nifty trading on Thursday

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 11,700 11,794 11,860 11,926 11,630
Sell below 11,630 11,560 11,483 11,433 11,700

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