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Nifty Intraday levels Monday.

Global cues will lead the market on Monday. On Friday, Nifty, traded in a tight range with decreased volume compared to previous trade. It closed below the crucial level 6,240. Technically, 6,140 is the significant level for Monday intraday trades below this level we may expect selling pressure and above the 6,280 levels we may expect a upmove. For Friday Intraday trades, crucial level to be watched for downside is 6,200 levels and for upside 6,280 levels. Trading with strict stop loss is advised.

If Nifty opens positive around or above the 6,240 levels we may see upmove upto 6,340 levels and above. Book profits now and then and trade strictly with stop loss. Trade accordingly with levels given below.

If Nifty opens below 6,200 levels we may selling pressure in Nifty which may take to 6,140 levels and below. Trading with strict stop loss is advised.

Intraday trading tips-Nifty

Calls	Target 1	Target 2	Target 3	stoploss
Buy at 6,240	6,280	6,320	6,360	6,220
Sell at 6,200	6,160	6,120	6,080	6,220

Banknifty Intraday levels Monday.

On Friday, Banknifty, traded in a 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 11,250 for up side. Technically, Banknifty only above the 11,300 levels we may see up move. Trading with strict stop loss is advised.

If Banknifty opens positive above the 11,250 levels we may see up move up to around 11,400 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 11,100 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 11,250	11,350	11,450	11,550	11,150
Sell at 11,100	11,000	10,900	10,800	11,200

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