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.