Friday, June 14, 2013

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 14 June 2013

Today, 5765 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5765, then it could test 5730 and below that level it could test 5640
Instead, if Nifty futures trades above 5765, then it could test 5790.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 5765. 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.

No comments:

Post a Comment

Post your comments