Tuesday, August 13, 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 Wednesday.

Global cues will lead the market on Wednesday. On Tuesday, again Nifty took good support at the 5560 levels, surpassed crucial support 5640 levels and closed above the 5700 levels. Technically, as for as Wednesday Intraday trades concern, Nifty may find selling pressure at 5760 levels.

If Nifty opens positive around 5730 levels then we may see up move up to 5760 and 5800 levels. The 5760 levels will be strong resistant. Technically, I expect an up move in Nifty on Wednesday. Trade accordingly with levels given below.

If Nifty opens negative below 5680 levels then we may expect Nifty to down to 5600 levels. Technically, to my knowledge, we may not see sharp decline on Wednesday.

Intraday trading tips-Nifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 5740 5780 5820 5840 5720
Sell at 5680 5640 5600 5560 5700

Banknifty Intraday levels Wednesday.

On Tuesday, Banknifty surpassed the crucial resistant the 9,800 levels, however found selling pressure at 10,000 levels and managed to close just below the 10,000 levels. Technically, on Wednesday, we may see up move in Banknifty. The crucial levels to be watched are the 10,000 levels for up move and the 9,800 levels for downside.

Intraday trading tips-Banknifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 10.050 10.150 10,250 10,350 9.960
Sell at 9.960 9,860 9,760 9,66 10.050

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