Monday, April 27, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 27 April 2015

Today, 8350 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8350, then it could test 8250 and below that level it could test 8200
Instead, if Nifty futures trades above 8350, then it could test 8450.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8350. Trade short below this level and trade long above this level.



Nifty Futures Positional Trading Strategy- 09 April 2015



Positional traders can initiate shorts if it fails to sustain above 8250 for a target of 8000 with a stop at 8350 and trade long above 8250 for a target of 9500 with a stop at 8150.

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