Trading limits for Nifty and Bank Nifty on 31/07/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 31/07/2019, If NIFTY Future (August 2019 series) trades above the crucial level of 11,155 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	11,177	11,230	11,264	11,155
Short	11,133	11,091	11,046	11,155

 

If BANK_NIFTY Future (August 2019 series) trades above the crucial level of 29,081 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	29,139	29,260	29,418	29,081
Short	29,023	28,874	28,694	29,081

 

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.