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.