Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Thursday.

Global cues and FED news will lead the market on Thursday. On Wednesday Nifty broke the 5680 levels and managed to closed above the 5700 levels. On closing basis Nifty still holds the 5700 levels. For Thursday Intraday trades FED news will give the direction. Technically,for Thursday, if at all FED news comes negative we may not see huge selling in Nifty and if FED news comes positive there is possibilty for good up move. The levels to be watched for Thursday Intraday trades are 5680 and 5600 for downside and 5800 and 5840 for up side.

If Nifty opens positive with gap around 5840 levels we may see up move up to 5900 and 5940 levels. Trading with strict stop loss is advised.

If Nifty opens negative below 5700 levels we may expect Nifty to take support around 5600 levels. Technically, in my perspective, we may not see more selling pressure for Thursday Intraday.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 5780	5810	5840	5865	5760
Sell at 5680	5640	5600	5560	5710

Banknifty Intraday levels Thursday.

On Wednesday Banknifty came down to around 9800 levels, which is a crucial support level and managed to close above the 10,000 levels.. On Thursday, as for as Intraday concern, any positive FED news may take Banknifty to 10,400 and above levels. Any negative FED news may take it to 9800 levels and technically, in my perspective we may not see selling pressure on decrease.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 10,150	10,250	10,350	10,450	10,060
Sell at 10,000	9,910	9,860	9,800	10,060