NIFTY_MID_SELECT Index closed near 12685 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 28.90 Lakh
12900 Strike – 18.05 Lakh
12700 Strike – 15.15 Lakh
Put Writing
12400 Strike – 28.32 Lakh
12500 Strike – 19.45 Lakh
12600 Strike – 15.39 Lakh
Index has immediate resistance near 12700 – 12750 range and if index crosses and sustain above 12750 level then may reach near 13000 level.
Index has immediate support near 12550 – 12500 range and if this support is broken then index may tank near 12350 – 12300 range.
Note
Gap up opening and made high near 12875 level then profit booking dragged to close near 12815.
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
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.