Indian Market Outlook: December 31, 2021


NIFTY is likely to open neutral.

It is likely to remain between our short term levels.

NIFTY short term support is between 17050-17100 and resistance is between 17280-17330.

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

Max pain for NIFTY is same at 17200.

Max pain for BANKNIFTY has decreased to 35000.

Max pain for USDINR is same at 74.75.

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.

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

Trade setup:

No comments:

Post a Comment

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