Wednesday, August 7, 2013

Nifty-Banknify Intraday trading levels.

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If you want intraday trading levels, delivery levels for the stock you are trading, you can drop the scrip name in the comment box. I will provide the levels for those scrips.

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Nifty Intraday levels Thursday.

Global cues will lead the market on Thursday. On Wednesday Nifty breached the 5500 levels and managed to close above this level. Technically, for Thursday Intraday trades, the crucial levels to be watched are 5420 levels for downside and 5560 levels for upside. To my knowledge we may not see further selling in Thursday Intraday trades.

If Nifty opens positive around 5550 levels we may see up move up to 5640 and 5700 levels. The 5560 levels will be strong ressistant for up move. Technically, I expect an up move in Nifty on Thursday. 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 stoploss
Buy at 5565 5600 5640 5680 5540
Sell at 5490 5460 5430 5400 5520

Banknifty Intraday levels Thursday.

On Wednesday Banknifty stayed above the 9600 levels but closed below the 9800 levels. As for as Thursday Intraday trades concern the crucial level to be watched are 9800 levels. Technically, in my perception, we may not see further selling on Thursday.

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

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