Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 7 November 2014

Today, 8330 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8330, then it could test 8290 and below that level it could test 8240. 

Instead, if Nifty futures trades above 8330, then it could test 8450.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8330. 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.