Nifty levels to watch for 25Apr2017
Trading on Algo principles:
Algo trading levels on NIFTY_Spot
R1 :: 9237-9258 & Alert levels for Shorts-9285
S1 :: 9209-9187 & Alert levels for Longs-9161
Overnight Premium = 6.50
So derived Algo trading levels on derivative NIFTY17APRFUT
R1 :: 9243-9264 & Alert levels for Shorts-9292
S1 :: 9216-9194 & Alert levels for Longs-9168
Consider NIFTY17APRFUT @ 9272 as wall
Bears will give up &
Bulls will take-over in their favor above this level
Please keep on booking profits.
Happy Trading!