Trading-Options

Indian Market Outlook: February 01, 2021

no comments
0
0

NIFTY is likely to open positive

It is likely to remain between our short term levels.

NIFTY short term support is between 13120-13220 and resistance is between 14160-14260.

BANKNIFTY short term support is between 28380-28580 and resistance is between 31500-31700.

Because of Union Budget announcement, can expect sharp moves in either direction.

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: Under Control.
5. Monthly Currency option strategy positional trades: None

Upcoming Events:
Workshop (Mumbai):
Prerequisite: 
Live Trading Session (Online):
More info:
1. Moneycontrol Interview: 
2. Elearnmarkets Face2Face Interview: 
3. Interview: 
4. QuantsApp Option Expert Series: 

Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-double-diagonal-ratio-spread-in-nifty-2-6422161.html

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •