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Nifty Intraday levels Thursday.

Global cues and FED news will lead the market on Thursday. On Wednesday, Nifty, traded in a wide range with increased volume compared to previous trade. It closed above the 6,240 levels. Technically, 6,200 is the significant level for tomorrow intraday trading below this level we may expect selling pressure . For Thursday Intraday trades, crucial level to be watched for downside is 6,140 levels and for upside 6,240 levels. Trading with strict stop loss is advised.

If Nifty opens positive around or above the 6,240 levels may see upmove upto 6,340 levels and above, based on FED news. 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 6,140 and this level may be broken if the FED news is negative. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 6,240	6,280	6,320	6,350	6,220
Sell at 6,200	6,160	6,120	6,080	6,220

Banknifty Intraday levels Thursday.

On Wednesday, Banknifty, traded in a wide range with increased volume compared to previous trade. It took support around the 11,100 levels. The crucial levels to be watched for are 11,100 for downside and 11,500 for up side. Technically, Banknifty may see selling pressure at 11,100 levels and for Thursday trades depends on FED news. Trading with strict stop loss is advised.

If Banknifty opens positive above the 11,600 levels and based on the FED news we may see up move up to around 11,800 and above levels. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Banknifty opens negative below the 10,900 levels base on the FED news we may see selling pressure and may broke the crucial 10,600 levels which is 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 11,400	11,500	11,600	11,700	11,300
Sell at 11,250	11,150	11,050	10,950	11,350

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