Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 24 August 2015

Today, 8000 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8000, then it could test 8740 and below that level it could test 7800. 

Instead, if Nifty futures trades above 8000, then it could test 8050.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8000. Trade short below this level and trade long above this level.

Nifty Futures Positional Trading Strategy- 24 August 2015

Positional traders can initiate shorts if it fails to sustain above 8000 for a target of 7000 with a stop at 8050 and trade long above 8050 for a target of 8600 with a stop at 8000.