NIFTY_MID_SELECT Index closed near 12740 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
13000 Strike – 5.94 Lakh
12800 Strike – 2.66 Lakh
12700 Strike – 2.27 Lakh
Put Writing
12600 Strike – 3.79 Lakh
12500 Strike – 3.47 Lakh
12400 Strike – 2.70 Lakh
Index has immediate resistance near 12900 – 12950 range and if index crosses and sustains above this level then may reach 13100 – 13150 range.
Index has immediate support near 12600 – 12550 range and if this support is broken then index may tank near 12450 – 12400 range.
Trade closed: target reached
Gap up opening with low near 12755 then made high near 12860 and closed near 12810.
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.