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Trading Index on 06/06/2019

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

Trading Index on 06/06/2019

Posted on June 5, 2019 by Kalyan
0

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

For 06/06/2019, If NIFTY Future (June 2019 series) trades above the crucial level of 12,068  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  12,092  12,119  12,143  12,068
Short  12,044  12,020  11,993  12,068

 

If BANK_NIFTY Future (June 2019 series) trades above the crucial level of 31,669 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  31,732  31,797  31,891  31,669
Short  31,606  31,540  31,447  31,669

 

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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