Indian Market Outlook: Mar 20, 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 7950-8000 and resistance is between 8680-8730.

BANKNIFTY short term support is between 19030-19130 and resistance is between 21760-21860.

Can look for short opportunity on rally.

Last Trading Day's Highlights for us:

1. Monthly Currency option strategy positional trades are in control.
2. Monthly Stock option strategy positional trades are in RED.
3. Intraday trades closed in GREEN.
4. We have released updated version of our tools OptionsOracle and OpStater.
5. OptionsOracle now even shows POP (Probability of Profit).
6. OptionsOracle Advanece along with POP shows Greek Ratio details like Delta/Theta, Vega/Theta & Gamma/Theta.
7. OpStrater shows "Expected Trend" and "Expected S/R". This will help us while planning trade.
8. Next Options Strategy workshops are in April.

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