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Nifty Intraday levels Friday.
Global cues will lead the market on Friday. On Thursday, Nifty, traded in a wide range with unusualy increased volume which was not seen for past 3 years. It closed above the 6,140 levels. Technically, 6,140 is the significant level for tomorrow intraday trading below this level we may expect selling pressure . For Friday Intraday trades, crucial level to be watched for downside is 6,140 levels and for upside 6,200 levels. Trading with strict stop loss is advised.If Nifty opens positive around or above the 6,180 levels may see upmove upto 6,300 levels and above. 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 which may take to 6,040 levels. Trading with strict stop loss is advised.
Intraday trading tips-Nifty
Calls | Target 1 | Target 2 | Target 3 | stoploss |
---|---|---|---|---|
Buy at 6,180 | 6,200 | 6,240 | 6,280 | 6,160 |
Sell at 6,130 | 6,100 | 6,070 | 6,040 | 6,150 |
Banknifty Intraday levels Friday.
On Thursday, Banknifty, traded in a wide range with surprisingly decreased volume compared to previous trade. It took support around the 11,100 levels and breached the 200 DMA. The crucial levels to be watched for are 11,100 for downside and 11,200 for up side. Technically, Banknifty may see some buying interest around the 10,800 and 10,600 levels if happen to have a gap down open. Trading with strict stop loss is advised.If Banknifty opens positive above the 11,100 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 below the 11,000 levels we may see selling pressure which may take to 10,800levels. Trading with strict stop loss is advised.
Intraday trading tips-Banknifty
Calls | Target 1 | Target 2 | Target 3 | stoploss |
---|---|---|---|---|
Buy at 11,150 | 11,250 | 11,350 | 11,450 | 11,050 |
Sell at 10,950 | 10,850 | 10,750 | 10,650 | 11,050 |
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