Today, 4890 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4890, then it could test 4850 and below that level it could test 4760.
Instead, if Nifty trades above 4890, then it could test 4960 and above 4960, it could test 5010.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 4890. 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.
