Indian Market Outlook: July 31, 2020

NIFTY is likely to open neutral.

It is likely to remain between our short term levels.

NIFTY short term support is between 10980-11030 and resistance is between 11350-11400.

BANKNIFTY short term support is between 21500-21600 and resistance is between 22670-22770.

Can look for long opportunity on drop.

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 clsoed at breakeven.

3. Monthly Currency option strategy positional trades were closed in GREEN.

4. Weekly BANKNIFTY option strategy positional trades were closed in GREEN.

5. Weekly NIFTY option strategy positional trades: None.

Upcoming Events:

Live trading sessions details at 

http://www.pasitechnologies.com/p/trading.html

Webinar details at 

http://www.pasitechnologies.com/p/webinar.html

Videos: 

http://www.pasitechnologies.com/p/prerequisite.html

More info:

1. Moneycontrol Interview: 

https://www.moneycontrol.com/news/business/moneycontrol-research/a-part-time-trader-who-uses-time-and-risk-management-successfully-at-his-job-and-in-the-market-2774651.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

4. QuantsApp Option Expert Series: 

https://www.quantsapp.com/option-expert-series-5/

Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-an-earnings-based-option-strategy-in-sbi-2-5623631.html