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 major support 5570 levels and closed below this levels. For past 10 trading sessions Nifty lost 500 odd points in degrees, in my perception, this may be the reason we did not find any sharp decline below the major support 5570 levels. In Wednesday trades, if Nifty breaks the 5500 levels the next support will be the 5420 levels. Technically, to my knowledge, as for as Wednesday Intraday concern, I expect buying at lower levels. The crucial level to be watched for wednesday trade is 5500 levels.

If Nifty opens positive around 5600 levels we may see up move up to 5700 and 5740 levels. Technically, I expect an up move in Nifty on wednesday. Trade accordingly with levels given below.

If Nifty opens negative below 5500 levels we may expect Nifty to take support around 5420 levels. Technically, in my perspective, we may see bounce back at these levels.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3
Buy at 5580	5610	5650	5680	5550
Sell at 5550	5520	5490	5460	5570

Banknifty Intraday levels Wednesday.

On Tuesday Banknifty breached the crucial 9,800 levels and close below this level. For past 10 trading sessions Banknifty lost 1500 odd points in degrees. Technically, to my knowledge, if Banknifty slides further it will not breach the 8900 levels and I expect buying at lower levels. As for as Wednesday Intraday trades concern technically, crucial level to be watched will be the 9,500 levels.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 9.820	9.900	10,020	10,150	9.760
Sell at 9.700	9,600	9,500	9,400	9.760