Nifty-Banknify Intraday trading levels.

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Nifty Intraday levels Tuesday.

Global cues and RBI credit policy will lead the market on Tuesday. On Monday, Nifty, breached the crucial 6,140 levels and closed above the 6,100 levels. Nifty declined with low volume which should not be overlooked. Technically, for Tuesday Intraday trades, the important level to be watched will be the 6,040 levels for downside. Trading with strict stop loss is advised.

If Nifty opens positive above the 6,120 levels and RBI news comes positive then we may see upmove upto 6,300 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 and RBI news comes negative 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 6,120	6,150	6,180	6,210	6,100
Sell at 6,080	6,050	6,020	5,990	6,100

Banknifty Intraday levels Tuesday.

On Monday, Banknifty, could not sustain above the 11,000 levels and closed below the 10,800 levels. Technically, Banknifty came down with low volume and any good news from RBI will turn market positive. For Tuesday trades, the important levels to be watched is 10,600 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 10,800 levels and RBI news comes positive then 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 and RBI news comes negative 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 10,860	10,960	11,060	11,160	10,760
Sell at 10,680	10,580	10,480	10,380	10,760