Indian Market Outlook: Mar 31, 2020


NIFTY is likely to open positive (Gap UP).
It is likely to remain positive to sideways in the later part of the day.

NIFTY short term support is between 8230-8300 and resistance is between 8870-8920.

BANKNIFTY short term support is between 18150-18250 and resistance is between 21780-21880.

Can look for long opportunity on drop.



Last Trading Day's Highlights for us:

1. Monthly Currency option strategy positional trades - None.
2. Monthly Stock option strategy positional trades - None.
3. Intraday trades closed in Red.
4. We have recently 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. Options Strategy Trading workshops are planned in Mumbai and Bengaluru.

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SEBI Registered Research Analyst Name: Santosh Kumar Karmraj Pasi

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