Tuesday, February 02, 2010

Nifty Futures - Intraday and Positional Trading Levels, 02 Jan

Today, 4930 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 4930, then it could test 4885 and below that level, it could test 4830.
Instead, if Nifty trades above 4930, then it could test 4990.



For intraday, the crucial level is 4930. 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 4750 for a target of 4500 with a stop at 4750 and trade long above 5750 for a target of 5000 with a stop at 5750.



Nifty Futures intraday Trading Strategy