Indian Market Outlook: September 21, 2021

NIFTY is likely to open neutral.

It is likely to remain between our short term levels.

NIFTY short term support is between 17240-17290 and resistance is between 17580-17620.

BANKNIFTY short term support is between 36800-36900 and resistance is between 37700-37800.

Max pain for NIFTY has decreased to 17500.

Max pain for BANKNIFTY has decreased to 37400.

Max pain for USDINR has increased to 73.75.

Can look for Long PUT/Short CALL on rally.

Last Trading Day's Highlights for us:

1. Weekly BANKNIFTY option strategy positional trades: None
2. Monthly Stock option strategy positional trades: Under control.
3. Monthly Stock Covered CALL positional trades: Under control.
4. Monthly NIFTY Covered CALL positional trades: None.

Algo Trading:
BANKNIFTY strategies trades: Under control.

Today's Trading Plan (manual):
Manage open trades.

Upcoming Events:

Workshop (Mumbai):

Live Trading Session (Online):


More info:
1. Moneycontrol Interview: 
2. Elearnmarkets Face2Face Interview: 
3. Interview: 

Trade setup:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.