Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 02 November 2015

Today, 8040 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8040, then it could test 7980 and below that level it could test 7940. 

Instead, if Nifty futures trades above 8040, then it could test 8130.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8040. 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.