Monday, October 05, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 05 October 2015

Today, 8065 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8065, then it could test 8000 and below that level it could test 7900
Instead, if Nifty futures trades above 8065, then it could test 8100.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8065. 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 8500 with a stop at 7950.

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