Friday, December 10, 2010

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 10 December 2010

Today, 5775 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5775, then it could test 5690 and below that level it could test 5550
Instead, if Nifty futures trades above 5775, then it could test 5810.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 5775. 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 5550 for a target of 5100 with a stop at 5550 and trade long above 5550 for a target of 6000 with a stop at 5550.

3 comments:

  1. I really appreciate your blog and your time and effort and i can say that your blog is useful and valuable. i got some good from your blog and i want to thank to you for sharing.
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    ReplyDelete
  2. Thanks for sharing....do you also do fundamental analysis apart from just technical analysis?

    ReplyDelete

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