Indian Market Outlook: Mar 17, 2020


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 9000-9050 and resistance is between 9570-9620.

BANKNIFTY short term support is between 22520-22620 and resistance is between 24050-24150.

Can look for short opportunity on rally.


Last Trading Day's Highlights for us:

1. Monthly Currency option strategy positional trades are in control.
2. Monthly Stock option strategy positional trades are in RED, needs adjustments.
3. Intraday trades closed in RED.
4. Next Otions Strategy workshops are in April.

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