Today, 5000 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 5000, then it could test 4950 and below that level it could test 4890.
Instead, if Nifty trades above 5000, then it could test 5050 and above 4960, it could test 5080.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 5000. 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.
