Thursday, August 8, 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 Monday.

Global cues and SBI results will lead the market on Monday. On Thursday Nifty took support around the 5500 levels and managed to close above the 5560 levels. Technically, we may see an up move on Monday and the crucial levels to be watched for are 5500 and 5640 levels.

If Nifty opens positive around 5600 levels and SBI results comes positive then we may see up move up to 5700 and 5760 levels. The 5760 levels will be strong resistant. Technically, I expect an up move in Nifty on Monday. Trade accordingly with levels given below.

If Nifty opens negative around 5500 levels and SBI results comes negative then we may expect Nifty to move southwards up to 5400 levels. Technically, the 5420 levels will act as a strong support.

Intraday trading tips-Nifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 5565 5600 5640 5680 5540
Sell at 5510 5480 5440 5400 5530

Banknifty Intraday levels Monday.

On Thursday Banknifty managed to close above the 9,800 levels. As for as Monday Intraday trades concern SBI results will the direction for Banknifty. The crucial levels to be watched for Monday are 9800 levels and 9500 levels. According to the results trade the 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

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