If Nifty Futures sustains below 7960, then it could test 7880 and below that level it could test 7830.
Instead, if Nifty futures trades above 7960, then it could test 8010.
Instead, if Nifty futures trades above 7960, then it could test 8010.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 7960. 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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