Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Friday.

Global cues will lead the market on Friday. On Thursday, Nifty could not surpass the crucial 5,940 levels and breached the important support level 5,840 however it managed to close above the 5,840 levels. For Friday Intraday trades, IIP data will give the direction for the market and the important levels to be watched are 5,840 for downside and 5,940 for up side. we may see selling pressure at every rise. Booking profits now and then and trading with strict stoploss is advised.

If Nifty opens positive around 5,860 levels and IIP data happen to come positive we may see upmove upto 5,940 levels with selling pressure at rise. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Nifty opens below around 5,840 levels and IIP happen to come negative to expectation then we may see fall in nifty. The crucial level to be watched for is 5,760 . Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 5,880	5,900	6,000	6,100	5,860
Sell at 5,840	5,810	5,780	5,750	5,860

Banknifty Intraday levels Friday.

On Thursday, Banknifty, was resisted around the 10,400 levels and took support around 10,060 levels and managed to close above the 10,100 levels. For Friday trades, IIP data news will give the direction and the important levels to be watched is 10,060 levels for downside and 10,200 levels for upside. Be cautious at higher levels. Trading with strict stop loss is advised.

If Banknifty opens positive above the 10.200 levels and IIP data come positive then we may see up move up to around 10,400 levels. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Banknifty opens negative below the 10,100 levels and IIP data comes negative then we may see fall in Banknifty and the crucial level to be watched is 10,060. Trading with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 10,200	10,300	10,400	10,500	10,100
Sell at 10,100	10,000	9,900	9,800	10,200