Tuesday, October 20, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 20 October 2015

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

If Nifty Futures sustains below 8320, then it could test 8250 and below that level it could test 8220
Instead, if Nifty futures trades above 8320, then it could test 8380.





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- 01 October 2015



Positional traders can initiate shorts if it fails to sustain above 8050 for a target of 7500 with a stop at 8100 and trade long above 8050 for a target of 8380 with a stop at 7950.

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