Trading on Algo principles:
Algo trading levels on NIFTY_Spot
R1 :: 9160-9174 & Alert levels for Shorts-9191
S1 :: 9110-9093 & Alert levels for Longs-9076
Overnight Premium = 29.05
So derived Algo trading levels on derivative NIFTY17APRFUT
R1 :: 9189-9203 & Alert levels for Shorts-9220
S1 :: 9139-9122 & Alert levels for Longs-9105
Consider NIFTY17APRFUT @ 9235 as wall.
Bears will give up and Bulls will take-over in their favor above this level.
Will update during market hours.
Stay tune and liked.
Please keep on booking profits.
9235 wall capped some how!
Fall of 100 pts from there happened, Enjoy!!
NIFTY17APRFUT trading at 9135 :)