Nifty levels to watch for 30Mar2017

NSE:NIFTY   Nifty 50 Index
Nifty levels to watch for 30Mar2017

It's Expiry day

Trading on Algo principles:

Algo trading levels on NIFTY_Spot
R1 :: 9152-9175 & Alert levels for Shorts-9211
S1 :: 9138-9112 & Alert levels for Longs-9079

Overnight Premium = -0.95
So derived Algo trading levels on derivative NIFTY17MARFUT
R1 :: 9151-9174 & Alert levels for Shorts-9210
S1 :: 9137-9111 & Alert levels for Longs-9078

Please keep on booking profits.
Happy Trading!
Mar 30
Comment: 30-Mar-17 10:35
9162 Probable Expiry Level
Mar 30
Comment: 30-Mar-17 10:48
Nifty is fragile for Bulls.
Rollover short side is going on.
Mar 30
Comment: Bingo! Expiry @ 330PM LTP @ 9159.95 & Expiry Post Closing @ 9173.75


The view of icici direct is that shorts are in loss and hence shorters are rolling over instead of booking loss. So next month again the short covering will take the market further higher
@atulm, Hey! I will refrain to comment.
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