NIFTY_MID_SELECT Index closed near 11540 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
12000 Strike – 8.12 Lakh
11600 Strike – 6.02 Lakh
11500 Strike – 4.48 Lakh
Put Writing
11500 Strike – 4.35 Lakh
11400 Strike – 3.61 Lakh
11200 Strike – 3.44 Lakh
Index has immediate resistance near 11700 – 11750 range and if index crosses and sustains above this level then may reach 11950 – 12000 range.
Index has immediate support near 11400 – 11350 range and if this support is broken then index may tank near 11250 – 11200 range.
Trade closed: target reached
Open flat and made high near 11595 then tank to low near 11485 and recovered and closed near 11565.
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.