Monday, July 06, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 06 July 2015

Today, 8450 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8450, then it could test 8380 and below that level it could test 8320
Instead, if Nifty futures trades above 8450, then it could test 8520.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8450. 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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