Midnifty Intraday Analysis for 2nd May 2024
NIFTY_MID_SELECT
Maximum Call writing buildup of 9.06 Lakh is at 11200 strike followed by 7.96 Lakh at 11100 Strike and 2.57 Lakh at 11200 strike and Put writing of 8.77 Lakh at 11000 Strike followed by 5.59 Lakh at 11100 Strike and 3.44 Lakh at 10800 strike. Index is closed near 11040 level. Index closed near 11060 level.
US FOMC outcome will be declared on 1st May which is Holiday here and reaction will be seen on 2nd May on India Market.
If US FOMC commentary is positive then index may reach near 11200 level. if FOMC commentary is negative then index may tank to near 10940 - 10900 level.
Maximum Call writing buildup of 9.06 Lakh is at 11200 strike followed by 7.96 Lakh at 11100 Strike and 2.57 Lakh at 11200 strike and Put writing of 8.77 Lakh at 11000 Strike followed by 5.59 Lakh at 11100 Strike and 3.44 Lakh at 10800 strike. Index is closed near 11040 level. Index closed near 11060 level.
US FOMC outcome will be declared on 1st May which is Holiday here and reaction will be seen on 2nd May on India Market.
If US FOMC commentary is positive then index may reach near 11200 level. if FOMC commentary is negative then index may tank to near 10940 - 10900 level.
Order cancelled:
Traded in narrow range around 11025 level. No trade could be initiated.