Monday, January 25, 2010

Nifty Futures - Intraday and Positional Trading Levels, 25 Jan

Today, 5015 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5015, then it could test 4935 and below that level, it could test 4900.
Instead, if Nifty trades above 5015, then it could test 5075.



Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 5015. Trade short below this level and trade long above this level.

Nifty Futures Positional Trading Strategy

Positional traders can initiate shorts if it fails to sustain above 5240 for a target of 4850 with a stop at 5240 and trade long above 5240 for a target of 5300 with a stop at 5240.