Indian Market Outlook: Dec 19, 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 12040-12080 and resistance is between 12290-12350.

BANKNIFTY short term support is between 31860-31940 and resistance is between 32450-32550.

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. Weekly #BANKNIFTY positional strategy trades are in control.
3. Intraday trades were closed in negative.
4. Upcoming Option strategy workshop is planned in Pune on Dec 28-29.

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