Friday, May 08, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 08 May 2015

Today, 8205 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8205, then it could test 8125 and below that level it could test 8075
Instead, if Nifty futures trades above 8205, then it could test 8280.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8205. 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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