Indian Market Outlook: October 03, 2024

NIFTY is likely to open negative.

NIFTY short-term support is between 25450-25500 and resistance is between 25850-25900.

BANKNIFTY short-term support is between 52100-52200 and resistance is between 53200-53300.

Max pain for NIFTY has decreased to 25900.

Max pain for BANKNIFTY has decreased to 53000.

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

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.

__PRESENT