Indian Market Outlook: November 24, 2021


NIFTY is likely to open positive.

It is likely to remain between our short term levels.


NIFTY short term support is between 17310-17360 and resistance is between 17620-17670.


BANKNIFTY short term support is between 36650-36750 and resistance is between 37660-37760.


Max pain for NIFTY has decreased to 17500.

Max pain for BANKNIFTY is same at 37500.

Max pain for USDINR is same at 74.50.


Can look for Long CALL/Short PUT on drop.




Last Trading Day's Highlights for us:

Algo Trading:
Weekly BANKNIFTY strategies trades: Under control.




More info:
1. Moneycontrol Interview: 
2. Elearnmarkets Face2Face Interview: 
3. Interview: 



Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-non-directional-options-strategy-in-maruti-suzuki-india-2-7753241.html



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