Indian Market Outlook: December 23, 2021

 

NIFTY is likely to open positive.

It is likely to remain between our short term levels.

NIFTY short term support is between 16860-16910 and resistance is between 17130-17180.


BANKNIFTY short term support is between 34700-34800 and resistance is between 35620-35720.


Max pain for NIFTY has increased to 16900.

Max pain for BANKNIFTY has increased to 35000.

Max pain for USDINR is same at 75.75.


Can look for Long CALL/Short PUT on drop.



Last Trading Day's Highlights for us (algo trading):

Weekly BANKNIFTY strategies trades: Under control.




Upcoming Events:

Live Trading Session (Online):


Prerequisite: 

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


Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-low-risk-options-strategy-in-itc-7856131.html



No comments:

Post a Comment

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

Pages