Indian Market Outlook: May 14, 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 9040-9090 and resistance is between 9400-9450.

BANKNIFTY short term support is between 18720-18820 and resistance is between 19880-19980.

Can look for short opportunity on rally.


Last Trading Day's Highlights for us:

1. Monthly NIFTY option strategy positional trades are in control.
2. Monthly Stock option strategy positional trades are in control.
3. Weekly BANKNIFTY option strategy positional trades are in control.
4. Intraday trades - None.
5. Next live trading session is from May 15-May 21.
7. Elearnmarkets Face2Face Interview: https://www.youtube.com/watch?v=--Ku2hhFL1M








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