NIFTY_MID_SELECT Index closed near 12870 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12800 Strike – 7.75 Lakh
13000 Strike – 4.47 Lakh
12900 Strike – 5.17 Lakh
Put Writing
12800 Strike – 10.41 Lakh
12500 Strike – 7.72 Lakh
12700 Strike – 5.55 Lakh
Index has immediate resistance near 12875 – 12925 range and if index crosses and sustain above 12925 level then may reach near 13000 level.
Index has immediate support near 12750 – 12700 range and if this support is broken then index may tank near 12350 – 12300 range.
Trade closed: target reached
Open flat and made high near 12970.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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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
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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.