Indian Market Outlook: Feb 05, 2020


NIFTY is likely to open neutral.
It is likely to remain sideways to positive in the later part of the day.

 NIFTY short term support is between 11810-11850 and resistance is between 12020-12060.

 BANKNIFTY short term support is between 30250-30350 and resistance is between 30950-30650.

 Can go long on drop.

Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control.
2. All BANKNIFTY monthly positional trades are in control.
3. All NIFTY monthly positional trades are in control.
4. Intraday trades were closed in RED.
5. Upcoming Option strategy workshop is planned in Mumbai on Feb 8-9.
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