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.