Trading-Options

Indian Market Outlook: April 08, 2021

NIFTY is likely to open positive.

It is likely to remain between our short term levels.

NIFTY short term support is between 14740-14790 and resistance is between 14920-14970.

BANKNIFTY short term support is between 32490-32590 and resistance is between 33300-33400.

Max pain for NIFTY has increased to 14800.

Max pain for BANKNIFTY has increased to 33000.

Max pain for USDINR has increased to 73.75.

Can look for Short CALL/Long PUT near short term resistance level.

Last Trading Day’s Highlights for us:
1. Weekly BANKNIFTY option strategy positional trades: Initiated
2. Weekly NIFTY option strategy positional trades: None
3. Monthly NIFTY option strategy positional trades: None
4. Monthly Stock option strategy positional trades: None
5. Monthly Currency option strategy positional trades: None

Upcoming Events:
Workshop (Mumbai and Bengaluru):
Prerequisite: 

More info:
1. Moneycontrol Interview: 
2. Elearnmarkets Face2Face Interview: 
3. Interview: 
4. QuantsApp Option Expert Series: 

Trade settup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-low-risk-options-strategy-in-gail-6741831.html

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