Nifty MidCap Select IndexUpdated Midnifty Intraday Analysis for 28th February 2025
NIFTY_MID_SELECT Index closed near 10955 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
11000 Strike – 2.89 Lakh
11500 Strike – 1.87 Lakh
11300 Strike – 1.67 Lakh
Put Writing
11000 Strike – 5.70 Lakh
10500 Strike – 3.30 Lakh
10800 Strike – 2.81 Lakh
Index has immediate resistance near 11050 – 11100 range and if index crosses and sustains above this level then may reach 11200 – 11250 range.
Index has immediate support near 10800 – 10750 range and if this support is broken then index may tank near 10650 – 10600 range.
Trade closed: target reached
Gap down opening with high near 10890 and further tank to low near 10675 and short covering lifted to close near 10770.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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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.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
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.