Indian Market Outlook: November 12, 2021


NIFTY is likely to open positive.

It is likely to remain between our short term levels.


NIFTY short term support is between 17750-17800 and resistance is between 18070-18120.


BANKNIFTY short term support is between 38000-38100 and resistance is between 39320-39420.


Max pain for NIFTY has decreased to 17900.

Max pain for BANKNIFTY has decreased to 39500.

Max pain for USDINR is same at 74.50.


Can look for Long PUT/Short CALL on rally.



Last Trading Day's Highlights for us:

Algo Trading:
Weekly BANKNIFTY strategies trades: Closed in GREEN.




Upcoming Events:

GENERATE EXTRA INCOME WITH OPTIONS (Nov 14, 2021, online)

Live Trading Session (Online):

Workshop (Delhi):




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


Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-an-earnings-based-non-directional-options-strategy-in-motherson-sumi-systems-2-7709881.html



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