If Nifty Futures sustains below 5370, then it could test 5300 and below that level it could test 5280.
Instead, if Nifty futures trades above 5370, then it could test 5410.
Instead, if Nifty futures trades above 5370, then it could test 5410.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 5370. 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 4700 with a stop at 5550 and trade long above 5550 for a target of 5950 with a stop at 5550.
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