Nifty levels to watch for 16May2017

Nifty levels to watch for 16May2017

Trading on Algo principles:

Algo trading levels on NIFTY_Spot
R1 :: 9468-9483 & Alert levels for Shorts-9501
S1 :: 9422-9404 & Alert levels for Longs-9386

Overnight Premium = 7.90
So derived Algo trading levels on derivative NIFTY17MAYFUT
R1 :: 9476-9491 & Alert levels for Shorts-9509
S1 :: 9430-9412 & Alert levels for Longs-9394

Please keep on booking profits.
Happy Trading!