Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Monday.

Global cues will lead the market on Monday. On Friday, Nifty was resisted around the 5.880 levels and managed to close above the 5,840 levels which crucial support and 200 DMA. For Monday Intraday trades, the important level to be watched will be the 5,840 levels until Nifty sustains above this levels we may see up move otherwise we may see high selling pressure. Two important events falls on come weeek; FED meet on Wednesday, RBI meet on Friday which will give the direction for market coming days. Booking profits now and then and trading with strict stoploss is advised.

If Nifty opens positive around 5,860 levels 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 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 Monday.

On Friday, Banknifty, again it closed below the 10,200 levels and took support around the 10,060 levels. Until Banknfity surpasses and sustain above the 10,400 levels we may not see up move. For Monday trades, 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 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 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 10,260	10,360	10,460	10,560	10,160
Sell at 10,060	9,960	9,860	9,760	10,160