Trading limits for Nifty and Bank Nifty on 05/03/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 05/03/2019, If NIFTY Future (March 2019 series) trades above the crucial level of 10,906  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	10,928	10,964	10,990	10,906
Short	10,884	10,848	10,824	10,906

If BANK_NIFTY Future (March 2019 series) trades above the crucial level of 27,167 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	27,221	27,283	27,364	27,167
Short	27,113	27,040	26,970	27,167

 

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.