Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 21 May 2015

Today, 8400 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8400, then it could test 8350 and below that level it could test 8280. 

Instead, if Nifty futures trades above 8400, then it could test 8520.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 8400. Trade short below this level and trade long above this level.

Nifty Futures Positional Trading Strategy- 21 May 2015

Positional traders can initiate shorts if it fails to sustain above 8000 for a target of 7800 with a stop at 8050 and trade long above 8050 for a target of 9500 with a stop at 8000.