Nifty and bank nifty trading levels.
Date: 9/20/2012 12:30:00 PM
Nifty trading on ThursdayToday nifty gapped down 60 points and traded in a tight range with positive bias and closed just above the 5550 levels. Volume was decreased compared to previous trade. Market breath was negative with 14 advances and 36 declines. Fii’s were net sellers for 73.67 crores. Dii’s were net sellers for 331.11 crores.
Nifty trading on FridayTechnically, we may expect selling tomorrow. Trading with levels and strict stop loss is suggested.
Intraday trading tips-NiftyBuy above 5577 T1-5600, T2-5624, T3-5651 stoploss-5560
Sell below 5560 T1-5542, T2-5520, T3-5494 stoploss-5577
Bank Nifty trading on ThursdayToday bank nifty gapped down 100 points and traded in a tight range with positive bias and closed below the 11,000 levels. Volume was decreased compared to previous trade. Market breath was negative with 4 advances and 8 declines.
Bank Nifty trading on FridayTechnically we may expect selling pressure tomorrow. Trading with levels and strict stop loss is suggested.
Intraday trading tips-BankniftyBuy above 10,980 T1-11,040, T2-11,100, T3-11,160 stoploss-10,920
Sell below 10,900 T1-10,828, T2-10,743, T3-10,688 stoploss-10,980
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