Indian Market Outlook: September 28, 2020

 NIFTY is likely to open positive.

It is likely to remain between our short term levels.

NIFTY short term support is between 10930-10980 and resistance is between 11120-11170.

BANKNIFTY short term support is between 20500-20600 and resistance is between 21190-21290.

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: None
3. Monthly Currency option strategy positional trades: None
4. Weekly BANKNIFTY option strategy positional trades were initiated.
5. Weekly NIFTY option strategy positional trades: None.







Trade setup:

https://www.moneycontrol.com/news/business/markets/options-trade-a-low-risk-options-strategy-in-wipro-5887031.html



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