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Trading Index 02/05/2019

Home > Market > Trading Index 02/05/2019

Trading Index 02/05/2019

Posted on May 1, 2019May 1, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 02/05/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 02/05/2019, If NIFTY Future (May 2019 series) trades above the crucial level of 11,781  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  11,805  11,839  11,872  11,781
Short  11,757  11,724  11,685  11,781

 

If BANK_NIFTY Future (May 2019 series) trades above the crucial level of 29,872 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  29,932  30,081  30,171  29,872
Short  29,812  29,682  29,573  29,872

 

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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