Nifty and bank nifty trading levels.
Author :
Santhanam Sudhakar
Blog :subhasharecare
Date: 9/24/2012 1:11:00 PM
Nifty trading on Monday
Today nifty traded in a tight range with negative bias and closed below the 5700 levels. Volume was decreased compared to previous trade. Market was negative with 21 advances and 29 declines. Fii’s were net buyers for 1595.72 crores. Dii’s were net sellers for 1156.45 crores. Nifty trading on tuesday
As nifty traded in a indecisive nature on Monday and as nifty rallied on previous trades, trading with strict stop loss and sticking to levels is suggested. 5600 levels will be curcial level to be watched. Intraday trading tips-Nifty
Buy above 5700 T1-5720, T2-5755, T3-5785 stoploss-5680
Sell below 5680 T1-5651, T2-5624,T3-5600 stoploss-5700 Bank Nifty trading on Monday
Today bank nifty traded in a tight range with positive bias and closed above the 11,400 levels. Volume was decreased compared to previous trade. Market breath was positive with 8 advances and 4 declines. Bank Nifty trading on Monday
A stopping pattern formed in intraday chart in bank nifty. Technically we may expect selling on Tuesday, however trading with strict stop loss and sticking to levels is suggested. Intraday trading tips-Banknifty
Buy above 11,483 T1-11,564, T2- 11,614 stoploss-11,433
Sell below 11,433 T1-11,350, T2-11,243, T3-11,170 stoploss-11,483 SUBSCRIPTION DETAILS.
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