Trading-Options

Indian Market Outlook: March 05, 2021

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NIFTY is likely to open negative.

It is likely to remain between our short term levels.

NIFTY short term support is between 14800-14850 and resistance is between 15160-15210.

BANKNIFTY short term support is between 35110-35210 and resistance is between 36230-36330.

Max pain for NIFTY remains same at 15100.

Max pain for BANKNIFTY has reduced to 35900.

Max pain for USDINR remains at 73.00.

Can look for Short CALL/Long PUT on rally.

Last Trading Day’s Highlights for us:
1. Weekly BANKNIFTY option strategy positional trades: Closed in GREEN.
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

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Kotak Securities Traders Cafe (March 5, 4 PM – 6 PM)
Workshop (Pune and Chennai):
Prerequisite: 
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2. Elearnmarkets Face2Face Interview: 
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4. QuantsApp Option Expert Series: 

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