Indian Market Outlook: Jan 21, 2020

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

NIFTY short term support is between 11990-12010 and resistance is between 12290-12330.

BANKNIFTY short term support is between 30680-30780 and resistance is between 31350-31450.

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. Did adjustments in weekly BANKNIFTY positional trades, all trades are in control.
3. Intraday trades were closed in GREEN.
4. Upcoming Option strategy workshop is planned in Delhi on Feb 1-2.

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