Indian Market Outlook: September 11, 2020


NIFTY is likely to open neutral.

It is likely to remain between our short term levels

NIFTY short term support is between 11180-11230 and resistance is between 11550-11600.

BANKNIFTY short term support is between 21880-21980 and resistance is between 23490-23590.

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. Monthly Currency option strategy positional trades: None
4. Weekly BANKNIFTY option strategy positional trades were closed in small profit.
5. Weekly NIFTY option strategy positional trades: None.









Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-low-risk-non-directional-options-strategy-in-bank-nifty-5824071.html




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