Indian Market Outlook: Mar 27, 2020


NIFTY is likely to open positive.
It is likely to remain positive in the later part of the day.

NIFTY short term support is between 8590-8640 and resistance is between 9100-9150.

BANKNIFTY short term support is between 19100-19200 and resistance is between 22450-22540.

Can look for long opportunity on drop.


Last Trading Day's Highlights for us:

1. Monthly Currency option strategy positional trades are in control, Positions reduced.
2. Monthly Stock option strategy positional trades were closed in RED.
3. Intraday trades were closed in GREEN.
4. We have recently released updated version of our tools OptionsOracle and OpStater.
5. OptionsOracle now even shows POP (Probability of Profit).
6. OptionsOracle Advance 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. Options Strategy Trading workshops are planned in April.


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