Tuesday, July 23, 2013

Nifty-Banknify Intraday trading levels.

Dear visitors,

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If you want intraday trading levels, delivery levels for the stock you are trading, you can drop the scrip name in the comment box. I will provide the levels for those scrips.

If you have any suggestion relating to the trading ideas, levels given here please drop your suggestion in the comment box.

thanks for understanding.

Nifty Intraday levels Wednesday.

Global cues will lead the market on Wednesday. On Tuesday Nifty able to close above the 6040 levels but could not surpass the 6100 levels. The crucial level to be watched for Wednesday Intraday trades are 6,111 and 6135 levels. Technically we will see huge selling pressure at or above levels.

If Nifty opens positive then crucial levels for Intraday will be 6111 and 6135. Technically in my perspective buying is not advisable at higher leves for Intraday as we may see selling pressure at higher levels.

If Nifty opens negative then crucial levels for Intraday trades will be 6000 and 5940 levels below this level. Technically, we may see sharp decline in Nifty below this levels.

Intraday trading tips-Nifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 6085 6111 6135 6160 6065
Sell at 6040 6000 59700 5940 6060

Banknifty Intraday levels Wednesday.

On Tuesday Banknifty traded in a tight range and indecisive pattern formed in chart. Technically, major support is 10,800 levels below this we may see a sharp decline up to 9,800-10,800 levels. As for as Intraday trade concerns we may above 11,350 levels. The 11,600 levels will see huge selling pressure. Acording to Corporate results we have to trade with levels in Banknifty.

Intraday trading tips-Banknifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 11,350 11,500 11,620 11,714 11,220
Sell at 11,170 11,040 10,930 10,800 11,220

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