Indian Market Outlook: Mar 12, 2020


NIFTY is likely to open negative (Gap Down).
It is likely to remain negative in the later part of the day.

NIFTY short term support is between 9950-9990 and resistance is between 10450-10500.

BANKNIFTY short term support is between 25000-25100 and resistance is between 26700-26800.


Last Trading Day's Highlights for us:
1. Monthly NIFTY option strategy positional trades are in RED, needs adjustments.
2. Monthly BANKNIFTY option strategy positional trades are in RED, needs adjustments.
3. Monthly Currency option strategy positional trades are in RED, needs adjustments.
4. Monthly Stock option strategy positional trades are in control.
5. Intraday trades - None.
6. Next Otions Strategy workshops are in April.

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