NIFTY is likely to open neutral.
It is likely to remain sideways in the later part of the day.
NIFTY short term support is between 12110-12150 and resistance is between 12260-12300.
BANKNIFTY short term support is between 31650-31750 and resistance is between 32390-32490.
Can attempt short on rally.
Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control. However one is in RED.
2. Added another stock option strategy positional trade.
3. All weekly BANKNIFTY positional strategy trades were closed in minor loss.
4. Intraday trades were closed in minor loss.
5. Upcoming Option strategy workshop is planned in Bengaluru on Jan 11-12.
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