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Trading Index 28/02/2019

Home > Market > Trading Index 28/02/2019

Trading Index 28/02/2019

Posted on February 27, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 28/02/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.  Today is the expiry day for Feb 2019 series.

For 28/02/2019, If NIFTY Future trades above the crucial level of 10,833  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  10,855  10,893  10,932  10,833
Short  10,811  10,774  10,724  10,833

 

If BANK_NIFTY Future trades above the crucial level of 26,912 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  26,966  27,100  27,210  26,912
Short  26,858  26,729  26,627  26,912

 

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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