Trading limits for Nifty and Bank Nifty on 07/03/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 07/03/2019, If NIFTY Future (March 2019 series) trades above the crucial level of 11,071  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	11,093	11,108	11,132	11,071
Short	11,049	11,048	11,010	11,071

If BANK_NIFTY Future (March 2019 series) trades above the crucial level of 27,671 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	27,726	27,781	27,870	27,671
Short	27,616	27,582	27,472	27,671

 

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.