Wishing you all a very happy, prosperous and profitable New Year.
NIFTY is likely to open neutral.
It is likely to remain sideways to negative in the later part of the day.
NIFTY short term support is between 12040-12090 and resistance is between 12280-12320.
BANKNIFTY short term support is between 31860-31960 and resistance is between 32520-32220.
Last Trading Day's Highlight for us:
1. We have initiated another stock option strategy positional trade.
2. All stock option strategy positional trades are in control. However one is in RED.
3. All weekly BANKNIFTY positional strategy trades are in control.
4. Intraday trades were closed in GREEN.
5. Coming weekend (Jan 4-5), we will be in Option Symposium 2.0 at BSE.
6. Upcoming Option strategy workshop is planned in Bengaluru on Jan 11-12.
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