Nifty MidCap Select IndexUpdated Midnifty Intraday Analysis for 22nd October 2024
NIFTY_MID_SELECT Index closed near 12695 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 9.08 Lakh
12800 Strike – 5.29 Lakh
12900 Strike – 5.05 Lakh
Put Writing
12700 Strike – 7.46 Lakh
12500 Strike – 5.45 Lakh
12600 Strike – 3.90 Lakh
Index has immediate resistance near 12900 - 13000 range and if index crosses and sustains above this level then may reach 13150 – 13200 range.
Index has immediate support near 12600 – 12500 range and if this support is broken then index may tank near 12400 – 12300 range.
Trade closed: target reached
Open flat with high near 12755 then tank to low near 12415 with close near 12450.
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.