NIFTY_MID_SELECT Index closed near 13210 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 10.16 Lakh
13600 Strike – 8.21 Lakh
13500 Strike – 7.11 Lakh
Put Writing
13200 Strike – 12.91 Lakh
13100 Strike – 5.84 Lakh
13000 Strike – 4.49 Lakh
Index has immediate resistance near 13275 - 13250 range and if index crosses and sustain above 13275 level then may reach 13450 – 13500 range.
Index has immediate support near 13150 – 13100 range and if this support is broken then index may tank near 12850 – 12800 range.
Trade closed: target reached
Gap down opening and made low near 13090 then bounced and made high near 13235.
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.