Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 17 November 2014

Today, 8420 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8420, then it could test 8370 and below that level it could test 8300. 

Instead, if Nifty futures trades above 8420, then it could test 8530.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8420. Trade short below this level and trade long above this level.

Nifty Futures Positional Trading Strategy- 07 November 2014

Positional traders can initiate shorts if it fails to sustain above 8200 for a target of 7700 with a stop at 8300 and trade long above 8200 for a target of 9000 with a stop at 8100.