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Trading index on 08/07/2019

Home > Market > Trading index on 08/07/2019

Trading index on 08/07/2019

Posted on July 7, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 08/07/2019.  Taking Long / Short position depends on how the market moves.  Click here for guidance on how to trade index.

For 08/07/2019, If NIFTY Future (July 2019 series) trades above the crucial level of 11,876 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  11,900  11,929  11,991  11,876
Short  11,852  11,819  11,761  11,876

 

If BANK_NIFTY Future (July 2019 series) trades above the crucial level of 31,528 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  31,591  31,702  31,902  31,528
Short  31,465  31,329  31,154  31,528

 

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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