Indian Market Outlook: May 20, 2020


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

NIFTY short term support is between 8950-9000 and resistance is between 9200-9250.

BANKNIFTY short term support is between 17130-17230 and resistance is between 18840-18940.

Can look for long opportunity on drop.


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. Weekly NIFTY option strategy positional trade are in control.
5. Intraday trades - None.
6. Live trading sessions details at www.pasitechnologies.com/p/trading.html
7. Elearnmarkets Face2Face Interview: https://www.youtube.com/watch?v=--Ku2hhFL1M





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