Skip to content
Welcome to the World of Investment & Trade
facebook
twitter
Smile of Trade
Email Support contact@smileoftrade.com
  • Home
  • About us
  • Invest – Trade
    • Shares for Investment & Multibaggers
    • Shares for Trading
  • Resources
    • Investment
    • Trading
  • Market
  • Contact us

Trading Index on 16/01/2019

Home > Market > Trading Index on 16/01/2019

Trading Index on 16/01/2019

Posted on January 15, 2019January 15, 2019 by Kalyan
0

Trading limits for Nifty and Bank Nifty on 16/01/2019.  Taking Long / Short position depends on how the market moves.  Yesterday, Nifty was in long and reached our target 2, Bank Nifty was range bound and trade was not possible.

For 16/01/2019, If NIFTY Future trades above the crucial level of 10,887 long position can be taken or if it trades below the crucial level then short position is suitable for trade. Considering the Open Interest and Price movement level, we can see “Fresh Long build-up” in Nifty Future.  Target and stop loss limits for both long and short positions are:

Long / Short  Entry Level  Target 1  Target 2  Stop Loss
Long     10,909     10,945     10,980     10,887
Short     10,865     10,834     10,800     10,887

 

If BANK_NIFTY Future trades above the crucial level of 27,483 long position can be taken or if it trades below the crucial level then short position is suitable for trade. Considering the Open Interest and Price movement level, we can see “Fresh Long build-up” in Bank_Nifty Future.  Target and stop loss limits for both long and short positions are:

Long / Short  Entry Level  Target 1  Target 2  Stop Loss
Long 27,510 27,573 27,629 27,483
Short 27,456 27,427 27,337 27,483

 

 

Disclaimer:  Information provided on this website 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.

 

Trade & Investment

Guidelines

  • Invest – Trade
  • Investment
  • Market
  • Shares for Investment & Multibaggers
  • Shares for Trading
  • Trading
Smile of Trade. All rights reserved ©2022 | Designed by Peace Soft Technologies

Indian Multibagger, BSE NSE sensex nifty, Share investment, Trading shares, Share pick, Free NSE BSE Share tips, Guide to trade - Invest

Indian Multibagger, BSE NSE sensex nifty, Share investment, Trading shares, Share pick, Free NSE BSE Share tips, Guide to trade - Invest

Indian MultibaggerBSE NSE sensex niftyShare investmentTrading sharesShare pickFree NSE BSE Share tipsGuide to trade - Invest