Indian Market Outlook: April 16, 2020

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

NIFTY short term support is between 8690-8740 and resistance is between 9200-9250.

BANKNIFTY short term support is between 18480-18580 and resistance is between 20080-20180.

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. Weekly BANKNIFTY option strategy positional trades are in control.
4. Intraday trades - None
5. We have recently released updated version of our tools OptionsOracle and OpStater.
6. OptionsOracle now even shows POP (Probability of Profit).
7. OptionsOracle Advanece along with POP shows Greek Ratio details like Delta/Theta, Vega/Theta & Gamma/Theta.
8. OpStrater shows "Expected Trend" and "Expected S/R". This will help us while planning trade.
9. We are planning webinars. Check details at

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.