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Nifty Intraday levels Wednesday.

Global cues will lead the market on Wednessday. On Tuesday, Nifty, traded in a tight range with rather same volume compared to previous trade. It closed just above the crucial level 6,300. Technically, 6,240 is the significant level for Wednessday intraday trades below this level we may expect selling pressure and above the 6,300 levels we may expect a upmove. For Wednessday Intraday trades, crucial level to be watched for downside is 6,240 levels and for upside 6,320 levels. Trading with strict stop loss is advised.

If Nifty opens positive around or above the 6,340 levels we may see upmove upto 6,400 levels and above. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Nifty opens around 6,280 levels we may selling pressure in Nifty which may take to 6,140 levels. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 6,320	6,350	6,380	6,410	6,300
Sell at 6,280	6,250	6,220	6,190	6,300

Banknifty Intraday levels Wednesday.

On Tuesday, Banknifty, traded in a rather tight range with decreased volume compared to previous trade. It took support around the 11,300 levels and managed to close above this levels. The crucial levels to be watched for are 11,300 for downside and 11,400 for up side. Technically, Banknifty only above the 11,500 levels we may see up move. Trading with strict stop loss is advised.

If Banknifty opens positive above the 11,400 levels we may see up move up to around 11,500 and above levels. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Banknifty opens negative around the 11,300 levels we may see selling pressure which may take to 11,100 levels. Trading with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 11,450	11,550	11,650	11,750	11,350
Sell at 11,300	11,200	11,100	11,0900	11,400

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