If Nifty Futures sustains below 7620, then it could test 7560 and below that level it could test 7500.
Instead, if Nifty futures trades above 7620, then it could test 7670.
Instead, if Nifty futures trades above 7620, then it could test 7670.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 7620. Trade short below this level and trade long above this level.
Nifty Futures Positional Trading Strategy- 25 July 2014
Positional traders can initiate shorts if it fails to sustain above 7800 for a target of 6700 with a stop at 7900 and trade long above 7800 for a target of 8000 with a stop at 7700.
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