Nifty levels to watch for 21Apr2017

Nifty levels to watch for 21Apr2017

Trading on Algo principles:

Algo trading levels on NIFTY_Spot
R1 :: 9156-9172 & Alert levels for Shorts-9191
S1 :: 9114-9095 & Alert levels for Longs-9076

Overnight Premium = 26.20
So derived Algo trading levels on derivative NIFTY17APRFUT
R1 :: 9183-9198 & Alert levels for Shorts-9217
S1 :: 9140-9121 & Alert levels for Longs-9103

Consider NIFTY17APRFUT @ 9205 as wall
Bears will give up &
Bulls will take-over in their favor above this level.

Please keep on booking profits.
Happy Trading!

Comment:

Executed Trades screenshot posted

Comment:

As stated above NIFTY17APRFUT hit high of 9207 (Wall)
So profit booking started which continued till
NIFTY17APRFUT made Low of 9090