Trading on Algo principles:
Algo trading levels on NIFTY_Spot
R1 :: 9922-9942 & Alert levels for Shorts-9961
S1 :: 9882-9865 & Alert levels for Longs-9842
Overnight Premium = 19.55
So derived Algo trading levels on derivative NIFTY17JULFUT
R1 :: 9941-9962 & Alert levels for Shorts-9981
S1 :: 9902-9884 & Alert levels for Longs-9861
Please keep on booking profits.
Observe these levels for Futures Underlying:
9870 9891 9908
9902 9923 9942
**I will be keen to see how Nifty Futures behave at 9956 & 9974 and at what time it hits this level in case if it happens today!!