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Trading Index 09/05/2019

Home > Market > Trading Index 09/05/2019

Trading Index 09/05/2019

Posted on May 8, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 09/05/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 09/05/2019, If NIFTY Future (May 2019 series) trades above the crucial level of 11,447  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  11,470  11,495  11,563  11,447
Short  11,424  11,375  11,331  11,447

 

If BANK_NIFTY Future (May 2019 series) trades above the crucial level of 29,226 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  29,284  29,347  29,529  29,226
Short  29,168  29,034  28,923  29,226

 

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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