Indian Market Outlook: March 31, 2021

NIFTY is likely to open negative.

It is likely to remain between our short term levels.

NIFTY short term support is between 14440-14490 and resistance is between 14930-14980.

BANKNIFTY short term support is between 33380-33480 and resistance is between 34270-34370.

Max pain for NIFTY has increaseted to14700.

Max pain for BANKNIFTY has increaseted to 33700.

Max pain for USDINR has increaseted to 73.00.

Can look for Long CALL/Short PUT on drop.

Upcoming Events:

Workshop (Delhi and Mumbai):

http://www.pasitechnologies.com/p/training.html

Prerequisite: 

http://www.pasitechnologies.com/p/prerequisite.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-low-risk-options-strategy-in-wipro-2-6710951.html