NIFTY_MID_SELECT Index has immediate resistance near 12675 – 12700 range and if index crosses and sustains above this level then may reach 12800 – 12825 range.
Midnifty has immediate support near 12425 – 12400 range and if this support is broken then index may tank near 12300 – 12275 range.
Volatility expected due to low carry forward OI in September’25 Monthly F&O Contracts with limited upside moment on weekly close.
Trade closed: target reached
Open flat and made high near 12630 then tank to low near 12430 and closed near 12450.
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
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.