Indian Market Outlook: January 25, 20201


NIFTY is likely to open positive.

It is likely to remain between our short term levels.

NIFTY short term support is between 14220-14270 and resistance is between 14590-14640.

BANKNIFTY short term support is between 30880-30980 and resistance is between 31900-32000.

Can look for Long CALL/Short PUT on drop.


Last Trading Day's Highlights for us:

1. Weekly BANKNIFTY option strategy positional trades: Initiated
2. Weekly NIFTY option strategy positional trades: None
3. Monthly NIFTY option strategy positional trades: None
4. Monthly Stock option strategy positional trades: Under control
5. Monthly Currency option strategy positional trades: None







Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-an-earnings-based-options-strategy-in-kotak-mahindra-bank-6390111.html


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