Today, 5055 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 5055, then it could test 5025 and below that level it could test 4995.
Instead, if Nifty trades above 5055, then it could test 5095 and above 5095, it could test 5150.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 5055. 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 5000 for a target of 4750 with a stop at 4750 and trade long above 5000 for a target of 5180 with a stop at 4950.
