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 122030-12270 and resistance is between 12370-12410.
BANKNIFTY short term support is between 31340-31440 and resistance is between 31920-32020.
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. Initiated weekly BANKNIFTY positional trades, all are in control.
3. Intraday trades were closed in GREEN.
4. Successfully conducted elarnmarkets.com's webinar on Jan 18.
5. Upcoming Option strategy workshop is planned in Delhi on Feb 1-2.
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