NIFTY is likely to open neutral.
It is likely to remain sideways to negative in the later part of the day.
NIFTY short term support is between 12130-12180 and resistance is between 12290-12350.
BANKNIFTY short term support is between 31890-32010 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. All Weekly #BANKNIFTY positional strategy trades were closed in GREEN.
3. Intraday trades were closed in minor profit.
4. Upcoming Option strategy workshop is planned in Pune on Dec 28-29.
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