Indian Market Outlook: Jan 13, 2020

NIFTY is likely to open positive.
It is likely to remain positive to sideways in the later part of the day. 

NIFTY short term support is between 12110-12150 and resistance is between 12300-12340.

BANKNIFTY short term support is between 31650-31750 and resistance is between 32390-32490.

Can go short on rally.

Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control. However one is in RED. 
2. All weekly BANKNIFTY positional strategy trades are in control.
3. Weekly BANKNIFTY positional strategy trades were initiated.
4. Intraday trades were closed in GREEN.
5. Upcoming Option strategy workshop is planned in Delhi on Feb 1-2.

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