Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Tuesday.

Global cues and RBI announcement will lead the market on Tuesday. On Monday Nifty closed below the crucial support 5840 levels; past four trading sessions it lost 250 odd points. Technically, I have two views;
one- as nifty fell continuously for past four trading sessions, if any positive news from RBI comes we may see some pull back rally that too coupled with selling pressure at higher levels;
two- as Nifty had closed below the crucial 5840 levels if any negative news from RBI may trigger a free fall. So keep an eye on RBI news for Nifty Intraday trades.

If Nifty opens positive above the crucial 5840 levels and RBI news comes positive then we may see up move in nifty 5900-5940 levels that too with selling pressure at higher levels. Buy above the 5865 levels with strict stop loss 5840 and book profits now and then

If Nifty opens negative below the 5800 levels and as nifty closed below the crucial 5840 levels on Monday, keep an eye on the major support 5760 levels. If RBI news comes negative then we may see sharp decline in nifty to 5650 levels.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 5865	5885	5910	5940	5840
Sell at 5800	5760	5720	5680	5820

Banknifty Intraday levels Tuesday.

On Monday Banknifty broke the crucial support 10,400 and closed below the 10,350 levels. As RBI meeting falls on Tuesday, news will lead the market. Any positive news will from RBI we may see a surge in Banknifty has it had lost 700 odd points in last four trading sessions. Any negative news may take Banknifty to 10,000 and below levels.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 10,450	10,550	10,650	10,750	10,350
Sell at 10,310	10,230	10,140	10,060	10,380