Indian Market Outlook: September 22, 2020


NIFTY is likely to open neutral.

It is likely to remain between our short term levels.

NIFTY short term support is between 11110-11160 and resistance is between 11510-11560.

BANKNIFTY short term support is between 20990-21090 and resistance is between 22010-22110.

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. Monthly Currency option strategy positional trades: None
4. Weekly BANKNIFTY option strategy positional trades are in control.
5. Weekly NIFTY option strategy positional trades: None.









Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-low-risk-trade-in-kotak-bank-5868441.html



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