Indian Market Outlook: December 24, 2021


NIFTY is likely to open positive.

It is likely to remain between our short term levels.

NIFTY short term support is between 16920-16970 and resistance is between 17180-17230.


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


Max pain for NIFTY has increased to 17100.


Max pain for BANKNIFTY has increased to 35500.

Max pain for USDINR has decreased to 75.50.


Can look for Long CALL/Short PUT on drop.



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

Weekly BANKNIFTY strategies trades: Under control.
https://www.sonicalpha.com/p/algo.html



Upcoming Events:

Live Trading Session (Online):


Prerequisite: 
http://www.pasitechnologies.com/p/prerequisite.html



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


Trade setup:



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