Description
⋅ Nifty levels to watch for 18Apr2017
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.
Happy Trading!