Today, 8770 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 8770, then it could test 8710 and below that level it could test 8670.
Instead, if Nifty futures trades above 8770, then it could test 8820.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 8770. 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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