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Nifty Intraday levels Wenessday.

Global cues and RBI news will lead the market on Wenessday. On Tuesday, Nifty, traded in a wide range with average volume . It closed around the crucial support 6,140 levels. Technically, good support is 6,140 below this level we may expect selling pressure . For Wenessday Intraday trades, crucial level to be watched for downside is 6,100 levels and for upside 6,180 levels. Trading with strict stop loss is advised.

If Nifty opens positive around or above the 6,160 levels may see upmove upto 6,240 levels and above, based on RBI news. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Nifty opens below 6,140 levels we may selling pressure in Nifty. The crucial level to be watched for is 6,040 and this level may be broken if the RBI news is negative. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 6,170	6,200190	6,240	6,280	6,150
Sell at 6,120	6,080	6,040	6,000	6,140

Banknifty Intraday levels Wenessday.

On Tuesday, Banknifty, traded in a wide range with same volume as previous trade. It closed above the the crucial 200 DMA 11,189 levels. The crucial levels to be watched for are 10,800 for downside and 11,350 for up side. Technically, Banknifty may see selling pressure at 11,100 levels and for Wenessday trades depends on RBI news. Trading with strict stop loss is advised.

If Banknifty opens positive above the 11,200 levels and the RBI news is positive 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 11,100 levels and the RBI news is negative we may see selling pressure and may broke the crucial 10,800 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 11,250	11,350	11,450	11,550	11,150
Sell at 11,100	11,000	10,900	10,800	11,200

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