Indian Market Outlook: November 02, 2021

NIFTY is likely to open neutral.

It is likely to remain between our short term levels.

NIFTY short term support is between 17600-17650 and resistance is between 18100-18150.

BANKNIFTY short term support is between 38770-38870 and resistance is between 40350-40450.

Max pain for NIFTY is increased to 17900.

Max pain for BANKNIFTY has increased to 39700.

Max pain for USDINR has increased to 75.00.

Can look for Long PUT/Short CALL on rally.

Last Trading Day's Highlights for us:

Algo Trading:
Weekly BANKNIFTY strategies trades: Under control.

Trade setup:

No comments:

Post a Comment

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