Indian Market Outlook: July 06, 2020


NIFTY is likely to open positive and near short term level.
It is likely to remain between our short term levels.

NIFTY short term support is between 10390-10440 and resistance is between 10710-10760.

BANKNIFTY short term support is between 21460-21560 and resistance is between 22780-22880.

Can look for long opportunity on drop.


Last Trading Day's Highlights for us:
1. Monthly NIFTY option strategy positional trades: None.
2. Monthly Stock option strategy positional trades are in control.
3. Monthly Currency option strategy positional trades are in control.
4. Weekly BANKNIFTY option strategy positional trades were initiated.
5. Weekly NIFTY option strategy positional trades: None.


Upcoming Events:
1. Live trading sessions details at www.pasitechnologies.com/p/trading.html


More info:
1. Moneycontrol Interview: https://www.moneycontrol.com/news/business/moneycontrol-research/a-part-time-trader-who-uses-time-and-risk-management-successfully-at-his-job-and-in-the-market-2774651.html
2. Elearnmarkets Face2Face Interview: https://www.youtube.com/watch?v=--Ku2hhFL1M
3. Interview: https://www.mainebolatha.in/2020/05/santosh-pasi-person-who-takes-option-trading-to-the-next-levels.html
4. QuantsApp Option Expert Series: https://www.quantsapp.com/option-expert-series-5/


Trade setup:
https://www.moneycontrol.com/news/business/markets/options-trade-a-double-butterfly-asymmetrical-trade-in-nifty-5510211.html

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