Wednesday, September 30, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 30 September 2015

Today, 7950 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7950, then it could test 7840 and below that level it could test 7720
Instead, if Nifty futures trades above 7950, then it could test 8000.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 7950. 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 7500 with a stop at 8050 and trade long above 8000 for a target of 8300 with a stop at 7950.

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