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.