NIFTY is likely to open negative.
It is likely to remain negative to sideways in the later part of the day.
NIFTY short term support is between 12040-12080 and resistance is between 12290-12350.
BANKNIFTY short term support is between 31860-31940 and resistance is between 32450-32550.
Last Trading Day's Highlight for us:
1. Stock option strategy trades are in control, however one is in negative. MTM profit slightly reduced.
2. Weekly #BANKNIFTY positional strategy trades are in control.
3. Intraday trades were closed in negative.
4. Upcoming Option strategy workshop is planned in Pune on Dec 28-29.
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