Today, 4905 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4905, then it could test 4860 and below that level it could test 4800.
Instead, if Nifty trades above 4905, then it could test 4970 and above that level it could test 5000.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 4905. 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.
