Indian Market Outlook: December 15, 2021


NIFTY is likely to open neutral.

It is likely to remain between our short term levels.


NIFTY short term support is between 17200-17250 and resistance is between 17530-17580.


BANKNIFTY short term support is between 36500-36600 and resistance is between 37500-37600.


Max pain for NIFTY has decreased to 17350.

Max pain for BANKNIFTY is same at 37000.

Max pain for USDINR: NA.


Can look for Long CALL/Short PUT near support.



Last Trading Day's Highlights for us:

Algo Trading:
Weekly BANKNIFTY strategies trades: Under control.



Upcoming Events:

Live Trading Session (Online):


Prerequisite: 





Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-non-directional-options-strategy-in-bajaj-finance-7826261.html


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