Indian Market Outlook: Dec 04, 2019

NIFTY is likely to open negative. 
It is likely to remain negative to sideways in the later part of the day.

NIFTY short term support is between 11880-11920 and resistance is between 12040-12090.

BANKNIFTY short term support is between 31200-31280 and resistance is between 31860-31940.

Last Trading Day's Highlights for us:
1. All Stock Option positional strategy trades are in control. 
2. All weekly BANKNIFTY positional trades are in control.
3. Added new positions in BANKNIFTY positional trades.
4. Intraday trade was closed in GREEN.
5. BANKNIFTY touched support level and respected our level. Although today, we moved our support further below as we are expecting it to break at opening.

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