Today, 4850 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4850, then it could test 4760 and below that level it could test 4700.
Instead, if Nifty trades above 4850, then it could test 4890 and above 4890, it could test 4930.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 4850. 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 4950 for a target of 4400 with a stop at 4950 and trade long above 4950 for a target of 5050 with a stop at 4950.
