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 9080-9130 and resistance is between 9540-9590.
BANKNIFTY short term support is between 17780-17880 and resistance is between 19600-19700.
Can look for short opportunity on rally.
Last Trading Day's Highlights for us:
1. Monthly NIFTY option strategy positional trades were closed in GREEN.
2. Monthly Stock option strategy positional trades were closed in GREEN.
3. Weekly BANKNIFTY option strategy positional trades were closed in RED.
4. Weekly NIFTY option strategy positional trade - None.
5. Intraday trades - None.
More info:
1. Live trading sessions details at www.pasitechnologies.com/p/trading.html
2. Elearnmarkets Face2Face Interview: https://www.youtube.com/watch?v=--Ku2hhFL1M
3. Interview: https://www.mainebolatha.in/2020/05/santosh-pasi-person-who-takes-option-trading-to-the-next-levels.html
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