Indian Market Outlook: November 23, 2021


NIFTY is likely to open negative.

It is likely to remain between our short term levels.

NIFTY short term support is between 17260-17310 and resistance is between 17570-17620.

BANKNIFTY short term support is between 36650-36750 and resistance is between 37660-37760.

Max pain for NIFTY has decreased to 17600.

Max pain for BANKNIFTY has decreased to 37500.

Max pain for USDINR is same at 74.50.

Can look for Long CALL/Short PUT near support levels.

Last Trading Day's Highlights for us:

Algo Trading:
Weekly BANKNIFTY strategies trades: Under control.

Upcoming Events:

Workshop (Delhi):


More info:
1. Moneycontrol Interview: 
2. Elearnmarkets Face2Face Interview: 
3. Interview: 

Trade setup:

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