Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Wednesday.

Global cues will lead the market on Wednesday. On Tuesday, Nifty breached the 5360 levels however took support around the 5300 levels and managed to close at 5400 levels. Though Nifty gained 100 odd points market breath was negative. The FED meet falls on Wednesday which is crucial for market direction. Technically, as for as Wednesday Intraday trades concern the crucial level to be watched for is 5360 and 5275 levels for down side and the 5460 and 5560 levels for upside. Depending on the opening of Nifty, trade with strict stoploss accordingly with given levels.

If Nifty opens positive above 5430 levels then we may see up move up to 5480 and 5530 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 Wednesday.

On Tuesday, Banknifty breached the psychological support level 9,000 and took support at 8,900 levels and managed to close above the 9,200 levels. Technically, on Wednesday, depending on the opening, the crucial level to be watched for is 9,000 levels for down side and 9400 levels for up side. As on Tuesday Intraday, Banknifty was ressited around the 9,270 levels, so for Wednesday Intraday buying above the 9,280 levels with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 9,300	9,400	9,500	9,600	9,200
Sell at 9,200	9,100	9,000	8,900	9,300