Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Thursday.

Global cues will lead the market on Thursday. On Wednesday, Nifty was very volatile. It breached the 5,200 levels went down as if breaching the crucial 5,100 levels. However that had had not happened. It took support around the 5,100 levels and even managed to close just below the 5,300 levels with increased volume compared to previous trade. Market breath was negative. Still nifty is trading below the important 5,360 levels. As Thursday is expiry day we should be careful at higher levels. The crucial levels to be wathced for Thursday Intraday trades are 5,230 downside and 5360 for upside. As Nifty closed aroud the previous close levels same levels maintained for Thursday trades. Trading with strict stoploss is advised.

If Nifty opens positive above 5300 levels then we may see up move up to 5360 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 5270 levels, the crucial level to be watched for is 5230 levels, below this level there is possibility of breaching 5200 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 Thursday.

On Wednesday, Banknifty, breached the important 8,400 levels and recovered to close above the 8,700 levels. Even though it managed to recover the losses market breath was negative. As Thursday is expiry day we should be careful at higher levels. Technically, on Thursday, the crucial levels to be watched for are 8,400 levels for downside and 8,800 levels for up side. Trading with strict stop loss is advised.

If Banknifty opens positive above 8,800 levels then we may see up move up to 9,000 . 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 8,800	8,900	9,000	9,100	8,700
Sell at 8,700	8,600	8,500	8,400	8,800