If Nifty Futures sustains below 8380, then it could test 8280 and below that level it could test 8180.
Instead, if Nifty futures trades above 8380, then it could test 8500.
Nifty Futures intraday Trading Strategy
For intraday, the crucial level is 8380. Trade short below this level and trade long above this level.
Nifty Futures Positional Trading Strategy- 09 April 2015
Positional traders can initiate shorts if it fails to sustain above 8150 for a target of 7800 with a stop at 8250 and trade long above 8150 for a target of 9500 with a stop at 8050.
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