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.