Saturday, August 17, 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.

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 Monday.

Global cues will lead the market on Monday. On Friday, Nifty lost 4 days gains and breached crucial support levels and closed above the 5,500 levels. As Nifty breaches important support levels we should be careful at higher levels. Trading with strict stop loss is advised. Technically, as for as Monday Intraday trades concern, the crucial levels to be watched are 5,430 and 5,400 levels for down side and the 5,560 and 5,600 levels for upside.

If Nifty opens positive around 5,550 levels then we may see up move up to 5600 and 5,640 levels. Buying above 5,570 levels is advised. Technically, we may expect selling pressure around 5,640 levels. Trade accordingly with levels given below.

If Nifty opens negative below the 5,500 levels the crucial level to be watched is 5,430 levels below this level Nifty may further slide. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 5,570 5,600 5,640 5,680 5,550
Sell at 5,530 5,500 5,470 5,440 5,550

Banknifty Intraday levels Monday.

On Friday, Banknifty almost came close to the crucial support 9,400 levels and closed just above this level. Below the 9,400 levels Banknifty may slide further. Technically, on Monday, the crucial level to be watched for is 9,000 levels. Trading with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 9,500 9,600 9,700 9,800 9,400
Sell at 9,400 9,300 9,200 9,100 9,500

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