Midnifty Intraday Analysis for 22nd November 2024
Updated
NNIFTY_MID_SELECT
Index closed near 12165 level and Maximum Call and Put Writing near CMP as below in current Monthly contract:
Call Writing
12300 Strike – 8.70 Lakh
12200 Strike – 8.23 Lakh
12400 Strike – 7.74 Lakh
Put Writing
12100 Strike – 8.96 Lakh
12000 Strike – 8.29 Lakh
12150 Strike – 5.61 Lakh
Index has immediate support near 12000 – 12950 range and if this support is broken then index may tank near 11800 – 11750 range.
Index has immediate resistance near 12300 - 12350 range and if index crosses and sustains above this level then may reach 12450 – 12500 range.
Index closed near 12165 level and Maximum Call and Put Writing near CMP as below in current Monthly contract:
Call Writing
12300 Strike – 8.70 Lakh
12200 Strike – 8.23 Lakh
12400 Strike – 7.74 Lakh
Put Writing
12100 Strike – 8.96 Lakh
12000 Strike – 8.29 Lakh
12150 Strike – 5.61 Lakh
Index has immediate support near 12000 – 12950 range and if this support is broken then index may tank near 11800 – 11750 range.
Index has immediate resistance near 12300 - 12350 range and if index crosses and sustains above this level then may reach 12450 – 12500 range.
Trade closed: target reached
Gap up opening with low near 12175 and bounced with high near 12330 with close near 12305.
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.