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Nifty Intraday levels Monday.

Global cues will lead the market on Monday. On Friday, Nifty took support around the 5,360 levels and closed just below the 5,500 levels. I would suggest buying in Nifty only above the 5,530 levels with strict stop loss 5,500 levels. Past 3 trading session it has rallied around 300 odd points, so on Monday, as the GDP numers are below expectation we may expect selling pressure at higher levels.Technically, the crucial levels to be watched for Monday Intraday trades are 5,400 downside and 5,570 for upside. Trading with strict stoploss is advised.

If Nifty opens positive above 5,500 levels then we may see up move up to 5,570 levels. Buying above the 5,530 levels is advised. 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 for is 5,400 levels. Below the 5,360 levels Nifty may slide furhter. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 5,530	5,560	5,590	6,.020	5,510
Sell at 5,490	5,460	5,430	5,400	5,510

Banknifty Intraday levels Monday.

On Friday, Banknifty, took support around 8,800 levels and closed above the 9,000 levels. On Monday we an up move in Banknifty depending on opening. If open gap down, we may expect buying at dips around the support levels and if open around the 9,200 levels we expect selling pressure at around the 9,400 levels. Technically, the crucial levels to be watched for on Monday are, the 8,800 levels for downside and 9,200 levels for up side. Trading with strict stop loss is advised.

If Banknifty opens positive around 9.200 levels then we may see up move up to around 9,400 . Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Banknifty opens negative below the 9,000 levels levels the crucial level to be watched is 8,800, 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 9,100	9,200	9,300	9,400	9,000
Sell at 9,000	8,900	8,800	8,700	9,000