Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Tuesday.

Global cues will lead the market on Tuesday. On Monday, Nifty, at the end of the trading session surged with decreased volume. It took support aroud 6,160 was resisted around the 6,200 levels and managed to close above the 6,200 levels. Technically, for Tuesday Intraday trades, the important level to be watched will be the 6,140 levels for downside. As it moved with decreased volume, the up move will not sustain, 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 6,200 levels we may see upmove upto 6,350 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 6,180 levels we may selling pressure in nifty. The crucial level to be watched for is 6,040 . Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 6,220	6,250	6,280	6,310	6,200
Sell at 6,180	6,140	6,110	6,080	6,200

Banknifty Intraday levels Tuesday.

On Monday, Banknifty, managed to surpass the crucial 10,800 levels and closed just below this levels. It took support around the 10,700 levels. We may expect selling pressure at higher levels. For Tuesday trades, the important levels to be watched is 10,600 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 10,800 levels we may see up move up to around 11,100 and above levels. we may see 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 10,700 levels then the 10,600 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 10,800	10,900	11,000	11,100	10,700
Sell at 10,700	10,600	10,500	10,400	10,800