Nifty-Banknify Intraday trading levels.
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thanks for understanding.Nifty Intraday levels Thursday.
Global cues will lead the market on Thursday. On Wednesday, Nifty breached the very important level 5275 and closed above the 5300 levels. For past 4 trading sessions Nifty had lost 400 points; if FED news comes positive for markets then we may see up move in nifty; if FED news is negative for the market then Nifty may slide further. Technically, the crucial levels to be watched for Thursday Intraday trades are the 5,215 levels for down side and 5360 levels for up side. Trading with strict stoploss is advised.If Nifty opens positive above 5300 levels then we may see up move up to 5400 and 5440 levels. Buying above 5360 levels is advised. Trade accordingly with levels given below.
If Nifty opens negative below the 5300 levels the crucial level to be watched is 5215 levels. We may see some buying around this levels and if this level breached we may see further slide below this levels. Trading with strict stop loss is advised.
Intraday trading tips-Nifty
Calls | Target 1 | Target 2 | Target 3 | stoploss |
---|---|---|---|---|
Buy at 5360 | 5400 | 5440 | 5480 | 5340 |
Sell at 5320 | 5280 | 5240 | 55210 | 5340 |
Banknifty Intraday levels Thursday.
On Wednesday, Banknifty, after 4 years, had traded with very huge volume which should not be overlooked. It was ressited around the 9,800 levels and managed to close above the 9,200 levels. Technically, on Wednesday, if the FED news is positive then Banknifty may surpass the 9,800 levels; if FED news is negative then it may slide further. Trading 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 |
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