Nifty BankNifty intraday trading 21st April 2016
All the strategies are applicable after after 11.30 AM only
Nifty CMP : 7976.75
Nifty is buy above :7998 if sustains for 10-15 minutes
Nifty is sell below : 7910 if sustains for 10-15 minutes
No trade zone 7910-7998
more risky short is at 7935 (Updated CMP at 10:41 AM)
Bank Nifty
CMP : 16671.50
Buy level if trading above 16640 after 11:30 AM (if its much higher than the level then we will not buy )
Sell below : 16414
No trade zone : 16414-16640
Note : Bank Nifty has gaped above buy level .
For medium term both Nifty and Bank Nifty are bullish
Nifty is bullish till it remains above 7980 in daily closing and Bank Nifty is bullish above 16068.So till those levels both are buy on dips
update :Shorted nifty at 7940 at 10:44
All the strategies are applicable after after 11.30 AM only
Nifty CMP : 7976.75
Nifty is buy above :7998 if sustains for 10-15 minutes
Nifty is sell below : 7910 if sustains for 10-15 minutes
No trade zone 7910-7998
more risky short is at 7935 (Updated CMP at 10:41 AM)
Bank Nifty
CMP : 16671.50
Buy level if trading above 16640 after 11:30 AM (if its much higher than the level then we will not buy )
Sell below : 16414
No trade zone : 16414-16640
Note : Bank Nifty has gaped above buy level .
For medium term both Nifty and Bank Nifty are bullish
Nifty is bullish till it remains above 7980 in daily closing and Bank Nifty is bullish above 16068.So till those levels both are buy on dips
update :Shorted nifty at 7940 at 10:44
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