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Trading Index on 04/06/2019

Home > Market > Trading Index on 04/06/2019

Trading Index on 04/06/2019

Posted on June 3, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 04/06/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 04/06/2019, If NIFTY Future (June 2019 series) trades above the crucial level of 12,046  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  12,070  12,100  12,148  12,046
Short  12,022  11,984  11,944  12,046

 

If BANK_NIFTY Future (June 2019 series) trades above the crucial level of 31,550 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  31,613  31,775  31,918  31,550
Short  31,487  31,382  31,232  31,550

 

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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