Indian Market Outlook: December 13, 2021

NIFTY is likely to open neutral.

It is likely to remain between our short term levels.

NIFTY short term support is between 17350-17400 and resistance is between 17660-17710.

BANKNIFTY short term support is between 36670-36770 and resistance is between 37750-37850.

Max pain for NIFTY is same at 17500.

Max pain for BANKNIFTY is same at 37000.

Max pain for USDINR is same at 75.25.

Can look for Long CALL/Short PUT on drop.

Last Trading Day's Highlights for us:

Algo Trading:
Weekly BANKNIFTY strategies trades: Under control.

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

Trade setup:

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