Trading limits for Nifty and Bank Nifty on 19/08/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 19/08/2019, If NIFTY Future (August 2019 series) trades above the crucial level of 11,028 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	11,050	11,079	11,120	11,028
Short	11,006	10,972	10,931	11,028

 

If BANK_NIFTY Future (August 2019 series) trades above the crucial level of 28,107 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	28,163	28,264	28,417	28,107
Short	28,051	27,929	27,797	28,107

 

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.