Indian Market Outlook: Dec 16, 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 11940-11990 and resistance is between 12140-12180.

BANKNIFTY short term support is between 31620-31700 and resistance is between 32100-32160.

Last Trading Day's Highlight for us:
1.  Stock option strategy trades are in control, however one is in negative.  MTM profit slightly reduced.
2.  Added #BANKNIFTY positional strategy trades. However MTM is slightly negative.
3. Intraday trades were closed in negative.

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