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Nifty Intraday levels Monday.

Global cues, Inflation data and IIP data will lead the market on Monday. On Friday, Nifty, traded in a tight range with slightly increased volume compared to previous trade. It closed just above the crucial level 6,160. Technically, 6,140 is the significant level for Monday intraday trades below this level we may expect selling pressure and above the 6,200 levels we may expect a upmove. For Monday 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 we may see upmove upto 6,240 levels and above. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Nifty opens below 6,160 levels we may selling pressure in Nifty which may take to 6,100 levels and below. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 6,200	6,230	6,260	6,290	6,180
Sell at 6,150	6,120	6,090	6,060	6,170

Banknifty Intraday levels Monday.

On Friday, Banknifty, traded in a rather wide range with increased volume compared to previous trade and closed just above the 10,800 levels. The crucial levels to be watched for are 10,600 for downside and 11,000 for up side. Technically, Banknifty we may see buying at dips and only above the 11,300 levels we may see up move. Trading with strict stop loss is advised.

If Banknifty opens positive above the 10,900 levels we may see up move up to around 11,300 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 10,750 levels we may see selling pressure which may take to 10,600 levels and below. Trading with strict stop loss is advised.

Intraday trading tips-Banknifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 10,900	11,000	11,100	11,200	10,800
Sell at 10,700	10,600	10,500	10,400	10,800

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