NIFTY_MID_SELECT Index closed near 11125 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 10.33 Lakh
11400 Strike – 8.74 Lakh
11200 Strike – 6.67 Lakh
Put Writing
11000 Strike – 14.64 Lakh
11100 Strike – 6.02 Lakh
10800 Strike – 5.57 Lakh
Index has immediate resistance near 11250 – 11300 range and if index crosses and sustains above this level then may reach 11400 – 11550 range.
Index has immediate support near 11000 – 10950 range and if this support is broken then index may tank near 10900 – 10850 range.
Trade closed: target reached
Open flat and made high near 11190 then tank to low near 11025 and closed near 11055.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.