Indian Market Outlook: June 01, 2021


NIFTY is likely to open positive.

It is likely to remain between our short term levels.


NIFTY short term support is between 15300-15350 and resistance is between 15650-15700.


BANKNIFTY short term support is between 34700-34800 and resistance is between 35900-36000.


Max pain for NIFTY has increased to15500.

Max pain for BANKNIFTY has increased to 35300.

Max pain for USDINR has remained same at 72.75.


Can look for Short PUT/Long CALL on drop.



Last Trading Day's Highlights for us:


1. Weekly BANKNIFTY option strategy positional trades: Under control.

2. Weekly NIFTY option strategy positional trades: None

3. Monthly NIFTY option strategy positional trades: None

4. Monthly Stock option strategy positional trades: Under control.

5. Monthly Currency option strategy positional trades: None





Upcoming Events:


Live Trading Session (Online):

http://www.pasitechnologies.com/p/trading.html


Workshop (Mumbai and Bengaluru):

http://www.pasitechnologies.com/p/training.html


Prerequisite: 

http://www.pasitechnologies.com/p/prerequisite.html



 

More info:

1. Moneycontrol Interview: 

https://www.moneycontrol.com/news/business/moneycontrol-research/a-part-time-trader-who-uses-time-and-risk-management-successfully-at-his-job-and-in-the-market-2774651.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

4. QuantsApp Option Expert Series: 

https://www.quantsapp.com/option-expert-series-5/



Trade setup:



No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Pages