Probable Trading Levels for Nifty + Bank Nifty & other popular stocks from Nifty50 index

16.09.2019 NIFTY BANKNIFTY RIL INFY TCS HDFCBANK HDFC BATAINDIA

LONG 11081.75 28059.90 1240.25 847.00 2253.65 2288.80 2113.85 1579.90

SHORT 11054.80 27829.65 1240.00 840.30 2233.50 2274.00 2100.00 1574.90

LONG 10867.45 26950.55 1195.25 814.15 2146.55 2221.30 2029.07 1516.05

SHORT 10816.00 26815.40 1193.30 811.05 2120.35 2216.10 2023.00 1511.05

IBULHSG ULTRATECH ICICIBK HINDALCO SUNPHARMA INDUSINDBK GRASIM UPL

LONG 462.60 4035.35 407.15 197.55 439.35 1411.45 728.60 590.60

SHORT 453.85 3972.00 400.40 194.20 435.00 1380.00 716.50 590.50

LONG 421.10 3883.10 389.10 182.25 419.75 1308.00 696.45 563.10

SHORT 405.00 3872.50 388.00 182.00 414.45 1303.45 691.60 558.30

YESBANK TATAMOTOR MARUTI AXISBANK JSWSTEEL ZEEL EICHERMOT INDIGO

LONG 75.45 135.30 6637.15 683.50 232.20 367.45 17175.00 1737.00

SHORT 72.00 135.00 6630.00 680.85 228.95 367.25 17090.00 1693.94

LONG 59.60 116.55 5962.10 653.10 213.85 352.50 15731.70 1634.00

SHORT 58.85 109.50 5791.25 644.05 212.25 335.80 15541.15 1616.05

NIFTY BANKNIFTY

Laxmanrekha 10974.35 27569.96

Probable Upside 11099.60 28116.10

Probable Downside 10866.00 27520.90

Remarks

1) The above mentioned prices are spot / cash level prices

2) Entries to be taken based on these prices - future trades are to be entered based on these cash level prices

3) Stop loss need to be placed upon entry between 0.3% to 0.5% depending upon your risk appetite (0.5% is ideal)

4) Profit / Target will be 0.03% to 0.5% (trailing a stop loss can be considered too)

5) Possibilities of multiples entries on both sides possible

6) Preferable do not enter a fresh trade after 02.45 pm

7) Your feedback at the end of the day will be highly appreciated

Disclaimer

1) The above study is for education purpose only

2) The above mentioned fugures are just probable levels

3) Kindly consult your financial advisor before taking any action based on this

Happy and Safe Trading