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Trading Index on 02/07/2019

Home > Market > Trading Index on 02/07/2019

Trading Index on 02/07/2019

Posted on July 1, 2019July 1, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 02/07/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 02/07/2019, If NIFTY Future (July 2019 series) trades above the crucial level of 11,897  long position can e 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  11,921  11,945  11,958  11,897
Short  11,873  11,845  11,836  11,897

 

If BANK_NIFTY Future (July 2019 series) trades above the crucial level of 31,469 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  31,532  31,596  31,677  31,469
Short  31,406  31,344  31,261  31,469

 

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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