Indian Market Outlook: February 15, 2021

 

NIFTY is likely to open positive.

It is likely to remain between our short term levels.

NIFTY short term support is between 14900-14950 and resistance is between 15250-15300.

BANKNIFTY short term support is between 35250-35350 and resistance is between 36650-36750.

Max pain for NIFTY has reduced to 15100.

Max pain for BANKNIFTY has reduced to 36000.

Max pain for USDINR has changed to 72.75 from 73.00.

Can look for Long CALL/Short PUT on drop.

Last Trading Day's Highlights for us:

1. Weekly BANKNIFTY option strategy positional trades: Initiated.

2. Weekly NIFTY option strategy positional trades: None

3. Monthly NIFTY option strategy positional trades: None

4. Monthly Stock option strategy positional trades: Under control

5. Monthly Currency option strategy positional trades: None

Upcoming Events:

Workshop (Pune and Chennai):

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

Prerequisite: 

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-a-non-directional-to-slightly-bullish-outlook-opportunity-in-dlf-6505031.html