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Trading Index 06/03/2019

Home > Market > Trading Index 06/03/2019

Trading Index 06/03/2019

Posted on March 5, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 06/03/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 06/03/2019, If NIFTY Future (March 2019 series) trades above the crucial level of 10,972  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  10,994  11,043  11,080  10,972
Short  10,950  10,904  10,876  10,972

If BANK_NIFTY Future (March 2019 series) trades above the crucial level of 27,458 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  27,513  27,712  27,862  27,458
Short  27,403  27,242  27,087  27,458

 

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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