Indian Market Outlook: Jan 8, 2020 :-)

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 11800-11840 and resistance is between 12130-12170.

BANKNIFTY short term support is between 31330-31430 and resistance is between 31740-31540.

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 trade was closed in GREEN.
4. We are working on updating OptionsOracle and OpStrater. Hopefully, we will release soon.

5. Upcoming Option strategy workshop is planned in Bengaluru on Jan 11-12.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.