Monday, August 26, 2013

Dear visitors,

Please visit our website www.niftyadvisor.com Thanks.

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 levels Tuesday.

Global cues will lead the market on Tuesday. On Monday, Nifty was resisted at 5,530 levels and closed just above the 5,460 levels. Selling pressure around the 5,500 levels still exists and up moves are seen as profit booking zones. Technically, we may see up move on Tuesday too coupled with selling pressure at higher levels. For Tuesday trading, the crucial levels to be watched are 5,400 for downside and 5,500 for upside. Trading with strict stoploss is advised.

If Nifty opens positive around 5,500 levels then we may see up move up to 5,550 and 5,600 levels. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Nifty opens negative below the 5,460 levels the crucial level to be watched is 5,400 and 5,360 levels. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 5,510 5,550 5,580 5,610 5,480
Sell at 5,460 5,430 5,400 5,380 5,480

Banknifty Intraday levels Tuesday.

On Monday, Banknifty, was resisted around the 9,600 levels and managed to close above the 9,200 levels. Below the 9,200 levels Banknifty may slide further and this would be crucial levels to be watched for. We may see up move on Tuesday with some selling pressure at higher levels. Technically, on Tuesday, the crucial levels to be watched for are 9,200 levels for downside and 9,400 levels for up side. Trading with strict stop loss is advised.

If Banknifty opens positive around 9,400 levels then we may see up move up to 9,800 . Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Banknifty opens negative below the 9,200 levels levels the crucial level to be watched is 9,000, below this it slip further. Trading with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 9,300 9,400 9,500 9,600 9,200
Sell at 9,200 9,100 9,000 8,900 9,300

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