Indian Market Outlook: Feb 20, 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 11980-12020 and resistance is between 12210-12250.

BANKNIFTY short term support is between 30530-30630 and resistance is between 31010-31110.

Can look for long on drop.


Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control.
2. All currency option strategy positional trades are in control.
3. All BANKNIFTY monthly option strategy positional trades are in control.
4. All NIFTY monthly option strategy positional trades are in control.
5. All BANKNIFTY weekly option strategy positional trades are in control.
6. Added BANKNIFTY weekly option strategy positional trades for NEXT series.
7. Intraday trades were closed in GREEN.
8. We are taking more than a month long break for workshop. Next workshop is in April.



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