Indian Market Outlook: May 22, 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 8800-8850 and resistance is between 9230-9280.

BANKNIFTY short term support is between 17130-17230 and resistance is between 18840-18940.

Can look for long opportunity on drop.


Last Trading Day's Highlights for us:

1. Monthly NIFTY option strategy positional trades are in control.
2. Monthly Stock option strategy positional trades are in control.
3. Weekly BANKNIFTY option strategy positional trades were closed in GREEN.
4. Weekly NIFTY option strategy positional trade are in control.
5. Intraday trades - None.


More info:
1. Live trading sessions details at www.pasitechnologies.com/p/trading.html
2. Elearnmarkets Face2Face Interview: https://www.youtube.com/watch?v=--Ku2hhFL1M
3. Interview: https://www.mainebolatha.in/2020/05/santosh-pasi-person-who-takes-option-trading-to-the-next-levels.html


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