Indian Market Outlook: January 17, 2022


NIFTY is likely to open negative.

NIFTY short term support is between 18120-18170 and resistance is between 18360-18410.

BANKNIFTY short-term support is between 37900-38000 and resistance is between 38660-38760.

Max pain for NIFTY is same at 18200.

Max pain for BANKNIFTY has decreased to 38300.

Max pain for USDINR is same at 74.00.

Can look for Long PUT/Short CALL on a rally.

At our short-term levels, directional trades can be tried.

Last Trading Day's Highlights for us (algo trading):

Weekly BANKNIFTY strategies trades: No trade triggered.

Upcoming Events:

Workshop (Bengaluru):


Trade setup:

No comments:

Post a Comment

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