Nifty levels to watch for 24Jan2017

Nifty 50 IndexNSE

Description

⋅ Jan 23, 2017 1:40 PM

Nifty levels to watch for 24Jan2017

Trading on Algo principles:
Derived Algo trading levels on derivative NIFTY17JANFUT
R2 :: 8449
R1 :: 8424
S1 :: 8380
S2 :: 8354

Please keep on booking profits.
Happy Trading!

Comments

rohitladdha

⋅ Jan 24, 2017 8:21 AM

Slow poison

rohitladdha

⋅ Jan 24, 2017 5:49 AM

R2 Playing its role

dravya

⋅ Jan 24, 2017 2:41 PM

@rohitladdha, sorry, but didn't see R2-8449 playing any role, the candle is showing straight piercing of it.

rohitladdha

⋅ Jan 24, 2017 4:31 PM

@dravya, Hi, as mentioned above Algo levels are for underlying Contract (NIFTY17JANFUT) and not for spot price. Please see Futures chart for better visualization.

dravya

⋅ Jan 24, 2017 6:04 PM

@rohitladdha, maybe, good then.