Indian Market Outlook: May 08, 2020


NIFTY is likely to open positive.
It is likely to remain positive in the later part of the day.
NIFTY short term support is between 9050-9150 and resistance is between 9790-9890.

BANKNIFTY short term support is between 19040-19140 and resistance is between 21490-21590.

Can look for long opportunity on drop.


Last Trading Day's Highlights for us:

1. Monthly NIFTY option strategy positional trades are in control.
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. Next live trading session is from May 15-May 21.
6. Check details at www.pasitechnologies.com/p/trading.html



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