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

Today, 8040 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8040, then it could test 7990 and below that level it could test 7890. 

Instead, if Nifty futures trades above 8040, then it could test 8120.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8040. 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.