Indian Market Outlook: Feb 26, 2020

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

NIFTY short term support is between 11630-11670 and resistance is between 11840-11880.

BANKNIFTY short term support is between 29610-29710 and resistance is between 30610-30710.

Can look for short on rally.

Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control except two.
2. Squared-off few positions, those were close to worthless.
3. All currency option strategy positional trades are in control.
4. All BANKNIFTY monthly option strategy positional trades are in control.
5. All NIFTY monthly option strategy positional trades are in control.
6. All BANKNIFTY weekly option strategy positional trades are in control.
7. Intraday trades were closed in GREEN.
8. We are taking more than a month long break for workshop. Next workshop is in April.