Nifty Futures - Intraday and Positional Trading Levels, 31 May

Today, 5060 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5060, then it could test 4980 and below that level it could test 4930.
Instead, if Nifty futures trades above 5060, then it could test 5110.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 5060. 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 5070 for a target of 4730 with a stop at 5100 and trade long above 5070 for a target of 5200 with a stop at 5050.