Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 18 January 2016

Today, 7450 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7450, then it could test 7400 and below that level it could test 7350. 

Instead, if Nifty futures trades above 7450, then it could test 7500.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 7450. Trade short below this level and trade long above this level.

Nifty Futures Positional Trading Strategy- 18 January 2016

Positional traders can initiate shorts if it fails to sustain above 7550 for a target of 7000 with a stop at 7650 and trade long above 7550 for a target of 8000 with a stop at 7450.