NIFTY is likely to open positive.
It is likely to remain positive to sideways in the later part of the day.
N
IFTY short term support is between 8900-8950 and resistance is between 9300-9350.
BANKNIFTY short term support is between 19230-19330 and resistance is between 20280-20380.
Can look for short opportunity on rally.
Last Trading Day's Highlights for us:
1. Monthly Currency option strategy positional trades - None.
2. Monthly Stock option strategy positional trades are in control.
3. Weekly BANKNIFTY option strategy positional trades were initiated and 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 Advance 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. Check details about upcoming webinar at http://www.pasitechnologies.com/p/webinar.html
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