Nifty and bank nifty levels.
Date: 9/6/2012 12:42:00 PM
Nifty on ThursdayToday nifty traded in a tight range with positive bias and closed below the crucial 5258 levels. Volume remained almost same as previous trade. Market breath was positive with 29 advances and 21 declines. Fii’s were net buyers for 166.58 crores. Dii’s were net sellers for 33.76 crores.
Nifty on FridayStill nifty is below the crucial level 5258. Technically only above this level we may see up move. Trading with levels is suggested. 5200 level will be important support level to be watched.
Intraday tipsBuy above 5244 T1-5260, T2-5280, T3-5303 stoploss-5235
Sell below 5235 T1-5216, T2-5190, T3-5165 stoploss-5244
Bank Nifty on ThursdayToday banknifty traded in a tight range with positive bias and closed just below the 9,900 levels. Volume remained almost same as previous trade. Market breath was negative with 5 advances and 7 declines.
Bank Nifty on FridayStill the banknifty is below the crucial level 9,950. Technically only above this level we may see up move. Trading with levels is suggested.
Intraday tipsBuy above 9,950, T1-10,021, T2-10,080,T3-10,131 stoploss-9,900
Sell below 9,900 T1-9,830, T2-9,769, T3-9,701, stoploss-9,950
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