Midnifty Intraday Analysis for 15th May 2024
Updated
NIFTY_MID_SELECT Maximum Call writing of 5.80 Lakh is at 11500 strike followed by 5.23 Lakh at 11200 Strike and 4.67 Lakh at 11100 strike and Put writing of 6.93 Lakh at 11100 Strike followed by 6.28 Lakh at 11000 Strike and 4.80 Lakh at 10900 strike. Index is closed near 11130 level.
Index may reach near 11200 - 11225 level if crosses and sustain above 11060 level and if crossed above 11250 level then reach near 11300 level.
Index has support near 11025 - 1100 level and if this support is broken then index may tank to 10950 level.
Trade closed: target reached
Gap up opening with high near 11180 andt then made low near 11000 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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