Nifty and bank nifty trading levels.

Nifty trading on Wednesday

Today nifty traded in rather tight range with positive bias and closed above the 5900 levels. volume was increased compared to previous trade. Marketbreadth was positive with 40 advances and 10 declines. Fii’s were net buyers for 743.49 crores. Dii’s were net sellers for 300.85 crores.

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 5926	5951	5971	5991	5900
Sell below 5900	5880	5850	5825	5926

Bank Nifty trading on Wednesday

Today bank nifty traded in a rather tight range with positive bias and closed above the the 12,400 levels. Volume was increased compared to previous trade. Market breadth was positive with 11 advance and 1 declines.

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 12,494	12,572	12,650	12,734	12,428
Sell below 12,428	12,330	12,226	12,158	12,494

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