Thursday, October 08, 2015

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 08 October 2015

Today, 8200 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8200, then it could test 8110 and below that level it could test 8050
Instead, if Nifty futures trades above 8200, then it could test 8250.





Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8200. 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 8350 with a stop at 7950.

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