Indian Market Outlook: November 20, 2020

no comments

NIFTY is likely to open neutral.

It is likely to remain between our short term levels.

NIFTY short term support is between 12680-12730 and resistance is between 12950-13000.

BANKNIFTY short term support is between 28520-28620 and resistance is between 29730-29830.

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

Last Trading Day’s Highlights for us:
1. Monthly NIFTY option strategy positional trades are were adjusted.
2. Monthly Stock option strategy positional trades are in control.
3. Monthly Currency option strategy positional trades: None
4. Weekly BANKNIFTY option strategy positional trades were closed in GREEN.
5. Weekly NIFTY option strategy positional trades: None.
Upcoming Events:
Live Trading Session (Online) between Nov 20 & 26:

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

Trade setup:

Spread the love