Indian Market Outlook: Feb 18, 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 11950-11090 and resistance is between 12120-12160.

BANKNIFTY short term support is between 30410-30510 and resistance is between 31010-31110.

Can look for short on rally.


Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control.
2. Closed a stock strategy posiitional trade in RED.
3. All currency option strategy positional trades are in control.
4. All BANKNIFTY monthly option strategy positional trades are in control.
5. All NIFTY monthly option strategy positional trades are in control.
6. All BANKNIFTY weekly option strategy positional trades are in control.
7. Intraday trades were closed in GREEN.




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