Indian Market Outlook: February 25, 2022

 

NIFTY is likely to open positive.

NIFTY short term support is between 16200-16250 and resistance is between 16670-16720.


BANKNIFTY short term support is between 34990-35090 and resistance is between 36640-36740.


Max pain for NIFTY has decreased to 16550.

Max pain for BANKNIFTY has decreased to 36000.

Max pain for USDINR has increased to 75.50.


Can look for Long CALL/Short PUT on the drop.

At our short term levels, directional trades can be tried.


Last Trading Day's Highlights for us (algo trading):
Weekly BANKNIFTY strategies trades: Closed in RED.


Upcoming Events:

Workshop:


Prerequisite: 


More info:


Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-non-directional-options-strategy-in-hindalco-2-8161261.html


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