NIFTY_MID_SELECT Index closed near 11145 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
11200 Strike – 6.63 Lakh
11300 Strike – 6.59 Lakh
11000 Strike – 6.54 Lakh
Put Writing
11000 Strike – 12.70 Lakh
10900 Strike – 7.28 Lakh
10800 Strike – 6.10 Lakh
Index has immediate resistance near 11300 – 11350 range and if index crosses and sustains above this level then may reach 11500 – 11550 range.
Index has immediate support near 11000 – 10950 range and if this support is broken then index may tank near 10800 – 10750 range.
Trade closed: target reached
Gap up opening with low near 11145 then made high near 11390 and closed near 11350.
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.