Indian Market Outlook: March 23, 2022

 

NIFTY is likely to open positive.

NIFTY short term support is between 16990-17040 and resistance is between 17440-17490.

BANKNIFTY short term support is between 35380-35480 and resistance is between 36500-36600.


Max pain for NIFTY has increased to 17300.

Max pain for BANKNIFTY is same at 36100.

Max pain for USDINR has increased to 76.25.


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

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



Last Trading Day's Highlights for us (algo trading):
Weekly BANKNIFTY strategies trades: Under control.


Upcoming Events:

Workshop:


Prerequisite: 


More info:



Trade setup:



No comments:

Post a Comment

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

Pages