Indian Market Outlook: December 30, 2020

NIFTY is likely to open positive. 

Expecting to make new all time high today.

It is likely to remain between our short term levels.

NIFTY short term support is between 13700-13750 and resistance is between 14000-14050.

BANKNIFTY short term support is between 30750-30850 and resistance is between 31650-31750.

Can look for Long CALL/Short PUT on drop.

Last Trading Day's Highlights for us:

1. Monthly NIFTY option strategy positional trades: In control

2. Monthly Stock option strategy positional trades: In control

3. Monthly Currency option strategy positional trades: None

4. Weekly BANKNIFTY option strategy positional trades: Added and in control.

5. Weekly NIFTY option strategy positional trades: None

Upcoming Events:

Workshop (Delhi and Bengaluru):

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

Prerequisite: 

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

Live Trading Session (Online):

http://www.pasitechnologies.com/p/trading.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-a-low-risk-non-directional-trade-in-ongc-2-6283781.html