Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Thursday.

Thursday contract expiry day. Global cues will lead the market on Thursday. On wednesday Nifty closed below 6000 levels. For Thursday Intraday trades the 5940 and 5900 levels will be crucial levels to be watched. Technically, we see selling pressure at higher levels. As this is results season trade according to corporate results

If Nifty opens positive then crucial levels for Intraday will be the 6040 and 6111 levels. We may see selling pressure at higher levels.

If Nifty opens negative the crucial levels for Intraday will be 5900 and 5840 levels. Below 5840 levels we may see sharp decline in Nifty.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 6040	6065	6085	6111	6020
Sell at 5970	5940	5910	5886	5990

Banknifty Intraday levels Thursday.

On Wednesday Banknifty declined and broken the curcial support 10,800 levels with considerably increased volume and closed below this level. This much volume had traded before one year. This should not be overlooked. Technically, we may see selling pressure at higher levels on Thursday too. The crucial level to be watched for Intraday trades is the 10,600 and 10,400 levels.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 10,840	10,920	11,030	11,140	10,760
Sell at 10,700	10,600	10,500	10,400	10,760