Indian Market Outlook: Mar 06, 2020


NIFTY is likely to open negative (Gap Down).
It is likely to remain negative in the later part of the day.

NIFTY short term support is between 10700-10740 and resistance is between 11400-11440.

BANKNIFTY short term support is between 26800-27000 and resistance is between 29530-29630.

Can look for short opportunity on rally.


Can look for short opportunity on rally.

Last Trading Day's Highlights for us:
1. Monthly NIFTY option strategy positional trades are in control.
2. Monthly Currency option strategy positional trades are in control.
3. Monthly Stock option strategy positional trades are in control.
4. Intraday trades were closed in GREEN.
5. We are taking more than a month long break for workshop. Next workshop is in April.

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