Indian Market Outlook: September 27, 2021

NIFTY is likely to open positive.

It is likely to remain between our short term levels.

NIFTY short term support is between 17760-17810 and resistance is between 17930-17980.

BANKNIFTY short term support is between 37420-37520 and resistance is between 38120-38220.

Max pain for NIFTY has increased to 17750.

Max pain for BANKNIFTY has increased to 37700.

Max pain for USDINR is same at 73.75.

Can look for Long CALL/Short PUT on drop.

Last Trading Day's Highlights for us:

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

Algo Trading:
BANKNIFTY strategies trades: Under control.

Upcoming Events:

Live Trading Session (Online):


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

Trade setup:

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