Indian Market Outlook: December 28, 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 17260-17310.

BANKNIFTY short term support is between 34630-34730 and resistance is between 35620-35720.

Max pain for NIFTY is same at 17100.

Max pain for BANKNIFTY has decreased to 35000.

Max pain for USDINR has decreased to 75.00.

Can look for Long CALL/Short PUT on drop.

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

Weekly BANKNIFTY strategies trades: Under control.

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

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