Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Thursday.

Global cues will lead the market on Thursday. On Tuesday, Nifty took support around the crucial 6,040 and resisted around the 6,140 levels however closed below the 6,100 levels. Technically, for Thursday Intraday trades, the important level to be watched will be the 6,040 levels for downside and 6,140 for up side. We may expect selling pressure at higher levels. Booking profits now and then and trading with strict stop loss is advised.

If Nifty opens positive above the 6,100 levels we may see upmove upto 6,200 levels with profit booking at rise. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Nifty opens below 6,080 levels we may selling pressure in nifty. The crucial level to be watched for is 6,000 and 5,940 . Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 6,110	6,140	6,170	6,200	6,080
Sell at 6,080	6,040	6,000	5,970	6,110

Banknifty Intraday levels Thursday.

On Tuesday, Banknifty, was resisted around the 10,800 levels, breachedc and closed below 10,400 levels. We may expect selling pressure at higher levels. For Thursday trades, the important levels to be watched is 10,200 for downside and 10,400 levels for upside. Be cautious at higher levels. Trading with strict stop loss is advised.

If Banknifty opens positive above the 10,450 levels we may see up move up to around 10,650 and above levels. The crucial levels to be watched for is 10,600. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Banknifty opens negative below the 10,350 levels then the 10,200 levels will be important level to be watched. Trading with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 10,450	10,550	10,650	10,750	10,350
Sell at 10,350	10,250	10,150	10,050	10,450