Today, 5120 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 5120, then it could test 5100 and below that level it could test 5040.
Instead, if Nifty trades above 5120, then it could test 5180.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 5120. Trade short below this level and trade long above this level.
Nifty Futures Positional Trading Strategy
Positional traders can initiate shorts if it fails to sustain above 5000 for a target of 4750 with a stop at 4750 and trade long above 5000 for a target of 5180 with a stop at 4950.
