Today, 5020 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 5020, then it could test 4980. Instead, if Nifty futures trades above 5020, then it could test 5050 and above that level it could test 5100.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 5020. 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 5180 for a target of 5100 with a stop at 5100 and trade long above 5180 for a target of 5320 with a stop at 5180.
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