Friday, July 26, 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 view

Nifty could not absorb the selling pressure around the 6000 and 6040 levels. It closed below the 5900 levels. The crucial levels to be watched in coming trading sessions are the 5940, 5840 and 5760 levels. If Nifty surpasses the 5760 levels,technically to my knowledge, we may see sharp decline. On the up side, technically, above the 6135 levels we may see upmove.

Banknifty view

Banknfity strong support exists around 10,350 levels. Below this level we may see 9,800 and 9400 levels. Technically, if Banknifty able to absorb selling pressure around 10,400 levels we see the 10,800 and only above the 10,800 levels we may see up move.

Nifty Intraday levels Monday.

Global cues will lead the market on Monday. On Friday Nifty closed below the 5900 levels. For Monday Intraday trades the crucial levels to be watched are the 5840 and 5760 levels. Technically, in my perspective, we may see selling pressure on higher levels. Depending on the nifty opening trade accordingly with below given levels.

If Nifty opens positive around the 5940 levels, be cautious at higher levels. The 6000 and 6040 levels may see selling pressure. Trading with strict stop loss is advised.

If Nifty opens negative around the 5860 levels we may short at every rise with strict stoploss the 5900 levels. Keep an eye on 5760 levels

Intraday trading tips-Nifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 5906 5940 5980 6020 5880
Sell at 5880 5840 5800 5760 5900

Banknifty Intraday levels Monday.

On Friday Banknifty broke the crucial support 10,400 but managed to close above this level. The voluem againg increased significantly which should not be overlooked. The crucial levels to be watched for Monday trade is the 10,400 levels. Below this level we may more selling pressure.

Intraday trading tips-Banknifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 10500 10,600 10,700 10,800 10,440
Sell at 10,350 10,250 10,140 10,060 10,440

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