Indian Market Outlook: Dec 13, 2019


NIFTY is likely to open positive.
It is likely to remain positive to sideways in the later part of the day.

NIFTY short term support is between 11890-11930 and resistance is between 12050-12090.

BANKNIFTY short term support is between 31220-31290 and resistance is between 31870-32010.


Last Trading Day's Highlight for us:
1.  Stock option strategy trades are in control, however one is in negative.  MTM increased further positive.
2.  All #BANKNIFTY weekly positive strategy trades were closed at breakeven or minor profit. We went slightly aggressive and it hurt at the end.
3.  Intraday trades were closed in negative.

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