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Index Trading limits on 06/08/2019

Home > Market > Index Trading limits on 06/08/2019

Index Trading limits on 06/08/2019

Posted on August 5, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 06/08/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 06/08/2019, If NIFTY Future (August 2019 series) trades above the crucial level of 10,876 long position can be taken or if it trades below the crucial level then short position is suitable for trade.  Target and stop loss limits for both long and short positions are:

Long / Short Entry Level Target 1 Target 2 Stop Loss
 Long  10,898  10,925  10,964  10,876
 Short  10,854  10,828  10,758  10,876

 

If BANK_NIFTY Future (August 2019 series) trades above the crucial level of 27,774 long position can be taken or if it trades below the crucial level then short position is suitable for trade.  Target and stop loss limits for both long and short positions are:

Long / Short Entry Level Target 1 Target 2 Stop Loss
 Long  27,830  27,938  28,079  27,774
 Short  27,718  27,533  27,269  27,774

 

Disclaimer:  Information provided on this website is free and does not constitute trading advice. These are the possible limits for up and down movement of the index.  Traders are requested to do their own analysis & research before making any decision to trade and also advised to get expert opinion before making decisions based on the information provided here.

 

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