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.