Nifty levels to watch for 18Sep2017

Nifty levels to watch for 18Sep2017

Trading on Algo principles:

Algo trading levels on NIFTY_Spot
R1 :: 10112-10127 & Alert levels for Shorts-10140
S1 :: 10061-10046 & Alert levels for Longs-10029

Overnight Premium = 16.55
So derived Algo trading levels on derivative NIFTY17SEPFUT
R1 :: 10129-10144 & Alert levels for Shorts-10157
S1 :: 10078-10063 & Alert levels for Longs-10046

Please keep on booking profits.
Happy Trading!

Comment:

18-Sep-17 10:10
Market is good to rollover, do not get carried away
On current premiums 20pts, SpotNifty can have a resist around 10175
Market Maker will need to manipulate premium in case to go more high

Comment:

Best quote by Udayan Mukherjee today: Stay in the party , dance and drink, but place your self near to the exit gate