Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 21 August 2014

Today, 7870 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7870, then it could test 7840 and below that level it could test 7780. 
Instead, if Nifty futures trades above 7870, then it could test 7920.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 7870. 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.