Tuesday, December 23, 2014

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 23 December 2014

Today, 8370 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 8370, then it could test 8330 and below that level it could test 8280
Instead, if Nifty futures trades above 8370, then it could test 8440.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8370. 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 7950 for a target of 7700 with a stop at 8100 and trade long above 7950 for a target of 9000 with a stop at 7800.

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