Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Wednesday.

Global cues will lead the market on Wednesday. On Tuesday, Nifty lost 150 odd points with increased volume and closed below the 5,300 levels. It took support around the 5,270 levels which will be crucial level to be watched for Wednesday Intraday trades and as volume was increased we should be careful at higher levels. Technically, the levels to be watched for are 5,230 for down side and 5,360 for up side. Trading with strict stoploss is advised.

If Nifty opens positive around 5,300 levels then we may see up move up to 5,360 and 5400 levels. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Nifty opens negative below the 5,270 levels, the crucial level to be watched for is 5,230 levels, below this level there is possibility of breaching 5,200 levels. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 5320	5360	5400	5430	5300
Sell at 5270	5240	5200	5170	5290

Banknifty Intraday levels Wednesday.

On Tuesday, Banknifty, lost 330 odd points and breached and closed below the 9,000 levels. It took support around the 8,800 levels and this would be the important level to be watched for Wednesday Intraday trades. Technically, on Wednesday, the crucial levels to be watched for are 8,800 levels for downside and 9,000 levels for up side. Trading with strict stop loss is advised.

If Banknifty opens positive around 9,000 levels then we may see up move up to 9,400 . Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Banknifty opens negative below the 8,800 levels levels the crucial level to be watched is 8,600, below this it slip further. Trading with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 9,000	9,100	9,200	9,300	8,900
Sell at 8,800	8,700	8,600	8,500	8,900