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Nifty Intraday levels Monday.

Global cues will lead the market on Monday. On Friday, Nifty, traded in a wide range with decrease volume compared to prevous trade. It surpasse the crucial level 6,240 and close aroud the 6,270 levels. Technically, 6,240 is the significant level for Mondayintraday trading below this level we may expect selling pressure . For Monday Intraday trades, crucial level to be watched for downside is 6,240 levels and for upside 6,340 levels. Trading with strict stop loss is advised.

If Nifty opens positive around or above the 6,300 levels may see upmove upto 6,360 levels and above. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Nifty opens around 6,240 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 6,300	6,340	6,380	6,420	6,280
Sell at 6,240	6,200	6,160	6,120	6,260

Banknifty Intraday levels Monday.

On Friday, Banknifty, traded in a rather tight range with decreased volume compared to previous trade. It took support around the 11,000 levels and managed to close above the 200 DMA. The crucial levels to be watched for are 11,100 for downside and 11,300 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 11,300 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 11,200 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 11,350	11,450	11,550	11,650	11,250
Sell at 11,200	11,100	11000	10,900	11,300

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