Indian Market Outlook: December 22, 2020


NIFTY is likely to open positive.

It is likely to remain between our short term levels.

NIFTY short term support is between 13100-13150 and resistance is between 13560-13610.

BANKNIFTY short term support is between 29130-29230 and resistance is between 30010-30110.

Can look for Long CALL/Short PUT on drop.


Last Trading Day's Highlights for us:
1. Monthly NIFTY option strategy positional trades: In control
2. Monthly Stock option strategy positional trades: In control
3. Monthly Currency option strategy positional trades: None
4. Weekly BANKNIFTY option strategy positional trades: Adjusted and Added
5. Weekly NIFTY option strategy positional trades: None


Upcoming Events:

Live Trading Session (Online):

Workshop (Offline):

Prerequisite: 




Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-low-risk-non-directional-trade-in-lt-6255671.html


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