Trading limits for Nifty and Bank Nifty on 25/01/2019.  Taking Long / Short position depends on how the market moves.  Yesterday Bank Nifty reached our short target 2.

For 25/01/2019, If NIFTY Future trades above the crucial level of 10,855, 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	10,877	10,898	10,928	10,855
Short	10,833	10,810	10,782	10,855

 

If BANK_NIFTY Future trades above the crucial level of 27,293, 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	27,348	27,400	27,481	27,293
Short	27,238	27,175	27,105	27,293

 

 

 

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.  I am not a Sebi registered analyst or adviser. 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.