Indian Market Outlook: April 24, 2020


NIFTY is likely to open negative.
It is likely to remain negative to sideways in the later part of the day.

NIFTY short term support is between 8900-8950 and resistance is between 9300-9350.

BANKNIFTY short term support is between 19230-19330 and resistance is between 20510-20610.

Can look for long opportunity on drop.


Last Trading Day's Highlights for us:

1. Monthly Currency option strategy positional trades - None.
2. Monthly Stock option strategy positional trades are in control.
3. Weekly BANKNIFTY option strategy positional trades were closed in GREEN.
4. Intraday trades - None
5. We have recently released updated version of our tools OptionsOracle and OpStater.
6. OptionsOracle now even shows POP (Probability of Profit).
7. OptionsOracle Advance along with POP shows Greek Ratio details like Delta/Theta, Vega/Theta & Gamma/Theta.
8. OpStrater shows "Expected Trend" and "Expected S/R". This will help us while planning trade.
9. Check details about upcoming webinar at http://www.pasitechnologies.com/p/webinar.html




No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Pages