Tuesday, January 8, 2013

Nifty and bank nifty trading levels.

Nifty trading on Tuesday

Today nifty traded in tight range with positive bias and closed above the 6000 levels. volume was decreased compared to previous trade. Marketbreadth was negative with 24 advances and 26 declines. Fii’s were net buyers for 963.05 crores. Dii’s were net sellers for 901.16 crores.

Nifty trading on Wednesday

Global cues will lead the market on Wednesday. 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 6008 6035 6067 6090 5982
Sell below 5982 5961 5930 5900 6008

Bank Nifty trading on Tuesday

Today bank nifty traded in a tight range with positive bias and closed above the the 12,700 levels. Volume was decreased compared to previous trade. Market breadth was positive with 8 advance and 4 declines.

Bank Nifty trading on Wednesday

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 12,734 12,843 12,958 13,030 12,650
Sell below 12,650 12,572 12,494 12,381 12,734

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2 comments:

devendra tripathi said...

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Unknown said...

Indian share market become positive after long time rally seen in nifty and BSe sensex, dlf,bharti,indusindbank to gainers today
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