Nifty levels to watch for 20Apr2017
Trading on Algo principles:
Algo trading levels on NIFTY_Spot
R1 :: 9131-9146 & Alert levels for Shorts-9166
S1 :: 9084-9066 & Alert levels for Longs-9050
Overnight Premium = 31.50
So derived Algo trading levels on derivative NIFTY17APRFUT
R1 :: 9162-9177 & Alert levels for Shorts-9198
S1 :: 9116-9098 & Alert levels for Longs-9082
Consider NIFTY17APRFUT @ 9085 as wall
Bulls will give up &
Bears will take-over in their favor below this level.
Coincidentally this level is also NIFTY_Spot S1 & NIFTY17APRFUT S3
Please keep on booking profits.
Happy Trading!
Trading on Algo principles:
Algo trading levels on NIFTY_Spot
R1 :: 9131-9146 & Alert levels for Shorts-9166
S1 :: 9084-9066 & Alert levels for Longs-9050
Overnight Premium = 31.50
So derived Algo trading levels on derivative NIFTY17APRFUT
R1 :: 9162-9177 & Alert levels for Shorts-9198
S1 :: 9116-9098 & Alert levels for Longs-9082
Consider NIFTY17APRFUT @ 9085 as wall
Bulls will give up &
Bears will take-over in their favor below this level.
Coincidentally this level is also NIFTY_Spot S1 & NIFTY17APRFUT S3
Please keep on booking profits.
Happy Trading!
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Trades Screen_shot posted on this idea