Indian Market Outlook Mar 23, 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 7650-7700 and resistance is between 8900-8950.

BANKNIFTY short term support is between 16000-16100 and resistance is between 20920-21020.

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. Otions Strategy Trading workshops are planned in April.

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