Today, 4950 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4950, then it could test 4840 and below that level it could test 4760.
Instead, if Nifty trades above 4950, then it could test 5000.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 4950. 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 4860 for a target of 4500 with a stop at 4860 and trade long above 4860 for a target of 5000 with a stop at 4860.
