Monday, September 29, 2014

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 29 September 2014

Today, 8050 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 8050, then it could test 8000 and below that level it could test 7930
Instead, if Nifty futures trades above 8050, then it could test 8090.






Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8050. 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 8300 with a stop at 7700.

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