Nifty levels to watch for 19Apr2017

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Nifty levels to watch for 19Apr2017

Trading on Algo principles:

Algo trading levels on NIFTY_Spot
R1 :: 9134-9148 & Alert levels for Shorts-9165
S1 :: 9083-9067 & Alert levels for Longs-9051

Overnight Premium = 18.20
So derived Algo trading levels on derivative NIFTY17APRFUT
R1 :: 9152-9166 & Alert levels for Shorts-9184
S1 :: 9101-9085 & Alert levels for Longs-9069

Consider NIFTY17APRFUT @ 9083 or 9067 as wall.
Coincidentally these levels are also NIFTY_Spot S1
Bulls will give up &
Bears will take-over in their favor below this level.

Please keep on booking profits.
Happy Trading!