Today, 8035 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 8035, then it could test 7980 and below that level it could test 7930.
Instead, if Nifty futures trades above 8035, then it could test 8070.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 8035. 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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