Tuesday, July 9, 2013

Nifty Intraday trading levels.

Dear visitors,

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 Intraday trading levels.

Nifty levels-Wednessday

Global cues will lead the market on wednessday. Nifty had traded in a tight range with selling pressure at higher levels on tuesday. Fii’s were net buyers for 165.6 crores and Dii’s were net buyers for 37.83 crores. Even though Fii’s were net buyers and Nifty closed above the crucial 5840 levels,technically, I will not recommend buying in Nifty. We will see selling pressure at every rise. To my knowledge there is high possibility of downside in Nifty. The 5760 levels will be the gateway for Nifty’s sharp decline.

If global cues are positive go long in nifty only at 5880 - 5885 levels. The 5900 and 5940 levels will face strong resistance.

If global cues are negative shorting in Nifty below 5840 will be safe as on tuesday had a good support around these level.

Intraday trading tips-Nifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 5885 5904 5943 5980 5865
Sell at 5840 5810 5790 5760 5860

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