Trading limits for Nifty and Bank Nifty on 21/08/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 21/08/2019, If NIFTY Future (August 2019 series) trades above the crucial level of 11,030 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	11,052	11,082	11,136	11,030
Short	11,008	10,977	10,924	11,030

 

If BANK_NIFTY Future (August 2019 series) trades above the crucial level of 28,012 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	28,068	28,202	28,410	28,012
Short	27,956	27,804	27,614	28,012

 

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.