Nifty and bank nifty trading levels.
Author :
Santhanam Sudhakar
Blog :subhasharecare
Date: 9/20/2012 12:30:00 PM
Nifty trading on Thursday
Today 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 Friday
Technically, we may expect selling tomorrow. Trading with levels and strict stop loss is suggested. Intraday trading tips-Nifty
Buy 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 Thursday
Today 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 Friday
Technically we may expect selling pressure tomorrow. Trading with levels and strict stop loss is suggested. Intraday trading tips-Banknifty
Buy 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 SUBSCRIPTION DETAILS.
NIFTY+BANK NIFTY+POSITIONAL CALLS+INTRADAY CALLS - 3000/= per month.
- 2 – 4 calls per day
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