Trading limits for Nifty and Bank Nifty on 22/04/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 22/04/2019, If NIFTY Future (April 2019 series) trades above the crucial level of 11,794  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	11,818	11,845	11,860	11,794
Short	11,770	11,739	11,718	11,794

If BANK_NIFTY Future (April 2019 series) trades above the crucial level of 30,400 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	30,461	30,590	30,712	30,400
Short	30,339	30,218	30,078	30,400

 

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.