If Nifty Futures sustains below 6400, then it could test 6375 and below that level it could test 6310.
Instead, if Nifty futures trades above 6400, then it could test 6450.
Instead, if Nifty futures trades above 6400, then it could test 6450.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 6400. 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 5650 for a target of 5300 with a stop at 5700 and trade long above 5650 for a target of 5900 with a stop at 5550.
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