Trading-Options

Indian Market Outlook: January 07, 2021

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NIFTY is likely to open positive.
It is likely to remain between our short term levels.
NIFTY short term support is between 13920-13970 and resistance is between 14250-14300.
BANKNIFTY short term support is between 31240-31340 and resistance is between 31920-32030.
Can look for Long CALL/Short PUT on drop.
Last Trading Day’s Highlights for us:
1. Monthly NIFTY option strategy positional trades: None
2. Monthly Stock option strategy positional trades: In control
3. Monthly Currency option strategy positional trades: None
4. Weekly BANKNIFTY option strategy positional trades: In conrol
5. Weekly NIFTY option strategy positional trades: None
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