Indian Market Outlook: December 09, 2021
NIFTY is likely to open positive.
It is likely to remain between our short term levels.
NIFTY short term support is between 17300-17350 and resistance is between 17610-17660.
BANKNIFTY short term support is between 36870-36970 and resistance is between 37750-37850.
Max pain for NIFTY has increased to 17400.
Max pain for BANKNIFTY has increased to 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.
Upcoming Events:
Workshop (Mumbai):
Prerequisite:
More info:
1. Moneycontrol Interview:
2. Elearnmarkets Face2Face Interview:
3. Interview:
Trade setup:
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