Indian Market Outlook: September 20, 2024

NIFTY is likely to open neutral.

NIFTY short-term support is between 25250-25300 and resistance is between 25600-25650.

BANKNIFTY short-term support is between 52600-52700 and resistance is between 53400-53500.

Max pain for NIFTY has decreased to 25300.

Max pain for BANKNIFTY has increased to 52900.

Can look for Long CALL/Short PUT on the drop.

At our short-term levels, directional trades can be tried.

Last Trading Day's Highlights for us (algo trading):

Algo trading: Under control.

Workshop:

http://www.pasitechnologies.com/p/trading.html

Free Training Sessions: 

http://www.pasitechnologies.com/p/prerequisite.html

More info:

https://www.pasitechnologies.com/p/trainer.html

Disclosure:

Portfolio: CHOLAFIN, CONCOR, HCLTECH,  HDFCBANK, ICICIBANK, LIQUIDBEES, NIFTYBEES, POLYMED, SBIN, TIMKEN, etc.

Current stock option trades open: None

We regularly trade weekly options.