Trading limits for Nifty and Bank Nifty on 03/04/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 03/04/2019, If NIFTY Future (April 2019 series) trades above the crucial level of 11,762  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	11,786	11,811	11,844	11,762
Short	11,738	11,710	11,680	11,762

If BANK_NIFTY Future (April 2019 series) trades above the crucial level of 30,496 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	30,557	30,706	30,849	30,496
Short	30,435	30,354	30,143	30,496

 

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.