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 12040-12090 and resistance is between 12280-12320.
BANKNIFTY short term support is between 31890-32010 and resistance is between 32520-32220.
Last Trading Day's Highlight for us:
1. All stock option strategy positions trades for Jan series are in control. However one is in RED.
2. All weekly BANKNIFTY positional strategy trades are in control.
3. Intraday trades were closed in GREEN.
4. Coming weekend (Jan 4-5), we will be in Option Symposium 2.0 at BSE.
5. Upcoming Option strategy workshop is planned in Bengaluru on Jan 11-12.
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