Thursday, August 1, 2013

Nifty-Banknify Intraday trading levels.

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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.

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Nifty Intraday levels Friday.

Global cues will lead the market on Friday. On Thursday too Nifty broke the 5680 levels and managed to closed above the 5700 levels. Past two trading sessions Nifty closed above 5700 levels with increased volume. For Friday Intraday trades technically,the levels to be wathched are 5680 and 5600 for downside and 5800 and 5840 for up side.

If Nifty opens positive around 5800 levels we may up move up to 5900 levels. Technically, until Nifty trades above the 5760 levels down side is limited.

If Nifty opens negative below 5700 levels we may expect Nifty to take support around 5600 levels. Technically, in my perspective, we may see bounce back around 5600 levels.

Intraday trading tips-Nifty

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

Banknifty Intraday levels Friday.

On Thursday Banknifty once again tested the 9800 levels, which is a crucial support level and managed to close above the 10,000 levels.On Friday, Intraday concern, technically, we may not see selling pressure at dips. We may see some pull back rally up to 10,400 levels. If it opens negative I do not foresee Banknifty breaching 9800 levels.

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

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