Thursday, June 11, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 11 June 2015

Today, 8175 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8175, then it could test 8110 and below that level it could test 8080
Instead, if Nifty futures trades above 8175, then it could test 8230.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8175. Trade short below this level and trade long above this level.



Nifty Futures Positional Trading Strategy- 21 May 2015



Positional traders can initiate shorts if it fails to sustain above 8000 for a target of 7800 with a stop at 8050 and trade long above 8050 for a target of 9500 with a stop at 8000.

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