Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Thursday.

Global cues will lead the market on Thursday. On Wednesday, Nifty, breached the crucial 6,140 levels and was resisted around the 6,220 levels. Until it surpasses the 6,220 levels we may not see up move in Nifty. Technically, for Thursday Intraday trades, the important level to be watched will be the 6,140 levels for downside. Nifty may correct from this 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 6,200	6,230	6,260	6,290	6,180
Sell at 6,160	6,130	6,100	6,070	6,180

Banknifty Intraday levels Thursday.

On Wednesday, Banknifty, today too took support around the 10,700 levels and resisted around the 10,900 levels. Technically, to my knowledge Banknifty will correct from this levels and would it moves upward it will see selling pressure at every rise. For Wednesday trades, the important levels to be watched is 10,800 for downside and 11,000 levels for upside. Be cautious at higher levels. Trading with strict stop loss is advised.

If Banknifty opens positive above the 10,900 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 10,850 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 10,960	11,060	11,160	11,260	10,860
Sell at 10,800	10,700	10,600	10,500	10,900