Friday, July 10, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 10 July 2015

Today, 8320 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8320, then it could test 8300 and below that level it could test 8280
Instead, if Nifty futures trades above 8320, then it could test 8420.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8320. 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 7700 with a stop at 8050 and trade long above 8050 for a target of 9500 with a stop at 8000.

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