Monday, August 19, 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 Tuesday.

Global cues will lead the market on Tuesday. On Monday, Nifty breached the 5400 levels and managed to close above this levels. For past 2 trading sessions Nifty had lost almost 300 points and below the important support levels. Technically, as for as Tuesday Intraday trades concern the crucial level to be watched for is 5360 levels below this levels we may further fall. However, in my perception, as we have lost almost 300 points in couple of trading sessions there may not be much selling pressure on Tuesday. Trading with strict stop loss is advised. Technically, as for as Tuesday Intraday trades concern, the crucial levels to be watched are 5360 and 5272 levels for down side and the 5460 and 5560 levels for upside.

If Nifty opens positive around 5460 levels then we may see up move up to 5500 and 5560 levels. Buying above 5460 levels is advised. Trade accordingly with levels given below.

If Nifty opens negative below the 5400 levels the crucial level to be watched is 5360 levels below this level Nifty may further slide and may breach the 5300 levels. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 5460 5500 5540 5580 5440
Sell at 5430 5400 5360 5320 5450

Banknifty Intraday levels Tuesday.

On Monday, Banknifty almost came close to the crucial support 9,000 levels and closed just above this level. For past 2 trading session it had lost 900 odd points. Below the 9,000 levels Banknifty may slide further. Technically, on Tuesday, the crucial level to be watched for is 9,000 levels below this level we may see further slide. Buying above the 9200 levels with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 9,200 9,300 9,400 9,500 9,100
Sell at 9,100 9,000 8,900 8,800 9,200

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