Today, 5740 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5740, then it could test 5690 and below that level it could test 5640.
Instead, if Nifty futures trades above 5740, then it could test 5760.
Instead, if Nifty futures trades above 5740, then it could test 5760.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 5740. 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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