Nifty and bank nifty trading levels.

Nifty trading on Wednessday

Today nifty traded in tight range with positive bias and closed above the 5900 levels. volume was increased compared to previous trade. Market breath was negatuve with 30 advances and 19 declines and 1 unchanged. Fii’s were net buyers for 878.57 crores. Dii’s were net sellers for 639.78 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 5900	5932	5960	5991	5880
Sell below 5880	5850	5825	5800	5900

Bank Nifty trading on Wednessday

Today bank nifty traded in a tight range with positive bias and closed just below the 12,300 levels. Volume was increased compared to previous trade. Market breadth was positive with 10 advances and 2 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 12,330	12,410	12,494	12,572	12,226
Sell below 12,226	12,158	12,040	11,986	12,330

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