Indian Market Outlook: January 01, 2021

Wishing you a very happy and prosperous New Year 2021.

NIFTY is likely to open neutral.

It is likely to remain between our short term levels.

NIFTY short term support is between 13700-13750 and resistance is between 14020-14070.

BANKNIFTY short term support is between 30750-30850 and resistance is between 31650-31750.

Can look for Long CALL/Short PUT on drop.



Last Trading Day's Highlights for us:
1. Monthly NIFTY option strategy positional trades: Closed in GREEN
2. Monthly Stock option strategy positional trades: Closed in GREEN
3. Monthly Currency option strategy positional trades: None
4. Weekly BANKNIFTY option strategy positional trades: Closed in GREEN.
5. Weekly NIFTY option strategy positional trades: None


Upcoming Events:

Workshop (Delhi and Bengaluru):

Prerequisite: 

Live Trading Session (Online):





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