Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 21 July 2015

Today, 8665 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8665, then it could test 8600 and below that level it could test 8540. 

Instead, if Nifty futures trades above 8665, then it could test 8700.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8665. 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.