Indian Market Outlook: Feb 12, 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 11950-11990 and resistance is between 12180-12220.

BANKNIFTY short term support is between 30900-31000 and resistance is between 31480-31580.

We are high end of curve, can look for short on rally.

Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control.
2. Added stock option strategy positional trade.
3. All currency option strategy positional trades are in control.
4. Added currency option strategy positional trade.
5. All BANKNIFTY monthly option strategy positional trades are in control.
6. All NIFTY monthly option strategy positional trades are in control.
7. All weekly BANKNIFTY option strategy positional trades are in control.
8. Intraday trades were closed in GREEN.
9. Upcoming Option strategy workshop is planned in Chennai on Feb 15-16.