Indian Market outlook: Jan 02, 2020

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 12040-12090 and resistance is between 12250-12290.

BANKNIFTY short term support is between 31860-31960 and resistance is between 32520-32620.

Rally can be shorted.

Last Trading Day's Highlights for us:
1. All stock option strategy positional trades 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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