Indian Market Outlook: Dec 09, 2019

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

NIFTY short term support is between 11800-11840 and resistance is between 11970-12010.

BANKNIFTY short term support is between 30880-31000 and resistance is between 31700-31880.

Last Trading Day's highlights for us:
1. All stock option strategy trades are in control. One may require some adjustment.
2. Initiated Weekly BANKNIFTY option strategy trades, are in control.
3.  Intraday trade close in minor profit.
4.  Getting ready for this week's option strategy workshop in Mumbai.

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