Monday, May 04, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 04 May 2015

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

If Nifty Futures sustains below 8350, then it could test 8280 and below that level it could test 8240
Instead, if Nifty futures trades above 8350, then it could test 8410.





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 8150 for a target of 7800 with a stop at 8250 and trade long above 8150 for a target of 9500 with a stop at 8050.

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