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.