Indian Market Outlook: Mar 24, 2020

NIFTY is likey to open positive (Gap Up).
It is likely to remain positive in the later part of the day.

NIFTY short term support is between 7570-7620 and resistance is between 8410-8360.

BANKNIFTY short term support is between 16780-16880 and resistance is between 18800-18900.

Can look for short opportunity on rally.

Last Trading Day's Highlights for us:

1. Monthly Currency option strategy positional trades are in control, Positions reduced.
2. Monthly Stock option strategy positional trades are in RED. Positions reduced.
3. Intraday trades - None.
4. We have released updated version of our tools OptionsOracle and OpStater.
5. OptionsOracle now even shows POP (Probability of Profit).
6. OptionsOracle Advanece along with POP shows Greek Ratio details like Delta/Theta, Vega/Theta & Gamma/Theta.
7. OpStrater shows "Expected Trend" and "Expected S/R". This will help us while planning trade.
8. Otions Strategy Trading workshops are planned in April.

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