Trading limits for Nifty and Bank Nifty on 09/10/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 09/10/2019, If NIFTY Future (October 2019 series) trades above the crucial level of 11,191 then 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	11,213	11,239	11,305	11,191
Short	11,169	11,140	11,077	11,191

 

If BANK_NIFTY Future (October 2019 series) trades above the crucial level of 27,934 then 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	27,990	28,115	28,258	27,934
Short	27,878	27,751	27,610	27,934

 

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.