Nifty and bank nifty trading levels.

Nifty trading on Friday

Today nifty traded in a rather wide range with positive bias and closed very near to 5900 levels. volume was slightly increased compared to previous trade. Market breath was positive with 40 advances and 10 declines. Fii’s were net buyers for 1611.43 crores. Dii’s were net sellers for 798.63 crores.

Nifty trading on Monday

Global cues will lead the market 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 5900	5932	5960	5991	5880
Sell below 5880	5850	5825	5800	5880

Bank Nifty trading on Friday

Today bank nifty traded in a tight range with positive bias and closed just above the 12,000 levels. Volume was slightly increased compared to previous trade. Market breadth was positive with 10 advances and 2 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 12,226	12,330	12,410	12,494	12,040
Sell below 12,105	12,040	11,936	11,872	12,226

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