Trading limits for Nifty and Bank Nifty on 30/04/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 30/04/2019, If NIFTY Future (May 2019 series) trades above the crucial level of 11,789  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	11,813	11,853	11,891	11,789
Short	11,765	11,736	11,687	11,789

If BANK_NIFTY Future (May 2019 series) trades above the crucial level of 30,048 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	30,108	30,261	30,392	30,048
Short	29,988	29,867	29,724	30,048

 

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.