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thanks for understanding.Nifty Intraday trading levels.
Nifty levels Tuesday
Global cues will lead the market on Tuesday. Monday, in Nifty Intraday chart rounding top pattern formed. The volume was low compared to its previous trading sessions and found difficult to surpass the 6065 levels. For past three trading sessions Nifty able to surpass the crucial 6040 levels but could not close above level, which should not be overlooked. So this level should be watched for Tuesday Intraday trades too. Technically, in my perspective on tuesday we may see wide range trades in Nifty with selling pressure at every rise even above the 6135 levels. I would suggest visitors to cautious at higher levels.If Nifty opens positive then crucial levels for Intraday will be 6040, 6065, 6080 and 6111 levels. we may see selling pressure at these levels.
If Nifty opens negative then crucial levels for Intraday trades will be 5940 and 5840 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 6045 | 6065 | 6085 | 6111 | 6020 |
Sell at 6020 | 5985 | 5940 | 5900 | 6040 |
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