Today, 9140 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 9140, then it could test 9090 and below that level it could test 9040.
Instead, if Nifty futures trades above 9140, then it could test 9180.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 9140. Trade short below this level and trade long above this level.
Nifty Futures Positional Trading Strategy- 07 November 2014
Positional traders can initiate shorts if it fails to sustain above 7950 for a target of 7700 with a stop at 8100 and trade long above 7950 for a target of 9000 with a stop at 7800.
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