Indian Market Outlook: Feb 17, 2020


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

NIFTY short term support is between 11980-12020 and resistance is between 12210-12250.

BANKNIFTY short term support is between 30580-30680 and resistance is between 31350-31450.

Can look for long on drop.


Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control.
2. Added stock option strategy positional trade.
3. All currency option strategy positional trades are in control.
4. Added currency option strategy positional trade.
5. All BANKNIFTY monthly option strategy positional trades are in control.
6. All NIFTY monthly option strategy positional trades are in control.
7. Initiated BANKNIFTY option strategy positional trades.
8. Intraday trades were closed in RED.



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