Indian Market Outlook: March 02, 2021


NIFTY is likely to open positive.

It is likely to remain between our short term levels.


NIFTY short term support is between 14450-14500 and resistance is between 14900-14950.

BANKNIFTY short term support is between 34500-34600 and resistance is between 36490-36590.


Max pain for NIFTY has increased to 14800.

Max pain for BANKNIFTY has increased to 35300.

Max pain for USDINR has increased to 73.25.


Can look for Long CALL/Short PUT on drop.


Last Trading Day's Highlights for us:

1. Weekly BANKNIFTY option strategy positional trades: Under control.
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


Upcoming Events:

Workshop (Pune and Chennai):
http://www.pasitechnologies.com/p/training.html


Prerequisite: 
http://www.pasitechnologies.com/p/prerequisite.html


More info:
1. Moneycontrol Interview: 
2. Elearnmarkets Face2Face Interview: 
3. Interview: 
4. QuantsApp Option Expert Series: 



Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-wide-range-options-strategy-in-coal-india-6590841.html



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