Indian Market Outlook: April 29, 2020


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

NIFTY short term support is between 9140-9190 and resistance is between 9450-9500.

BANKNIFTY short term support is between 19980-20080 and resistance is between 20930-21030.

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 are in control.
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
10. We are starting live trading session from April 30-May 7.




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