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Trading Index 06/05/2019

Home > Market > Trading Index 06/05/2019

Trading Index 06/05/2019

Posted on May 5, 2019May 5, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 06/05/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 05/05/2019, If NIFTY Future (May 2019 series) trades above the crucial level of 11,775  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  11,799  11,825  11,864  11,775
Short  11,751  11,726  11,686  11,775

 

If BANK_NIFTY Future (May 2019 series) trades above the crucial level of 30,036 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  30,096  30,212  30,313  30,036
Short  29,976  29,855  29,749  30,036

 

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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