Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Monday.

Global cues will lead the market on Monday. On Friday, Nifty crashed due to RBI’s unexpected news. It breached the crucial support the 5,940 and closed below the crucial resistant for up move with increased volume. For Monday Intraday trades, the important level to be watched will be the 5,940 levels for downside and 6,040 for up side. We may see selling pressure at higher levels. Booking profits now and then and trading with strict stoploss is advised.

If Nifty opens positive above the 6,040 levels we may see upmove upto 6,140 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 6,000 levels we may see fall in nifty. The crucial level to be watched for is 5,940 . Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 6,050	6,080	6,110	6,140	6,030
Sell at 5,980	5,940	5,900	5,870	6,010

Banknifty Intraday levels Monday.

On Friday, Banknifty, plummeted due to the RBI unexpected news with huge volume. It breached the crucial 10,800 levels, took support around the 10,400 levels and managed to close above the 10,600 levels. For Monday trades, the important levels to be watched is 10,400 levels for downside and 10,800 levels for upside. Be cautious at higher levels. Trading with strict stop loss is advised.

If Banknifty opens positive above the 10.700 levels we may see up move up to around 10,900 levels with selling pressure at higher levels. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Banknifty opens negative below the 10,650 levels we may see fall in Banknifty and the crucial level to be watched is 10,400. Trading with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 10,750	10,850	10,950	11,050	10,650
Sell at 10,600	10,500	10,400	10,300	10,700