Midnifty Intraday Analysis for 21st June 2024
Updated
NIFTY_MID_SELECT Maximum Call writing near CMP is at 12500 strike with 15.10 Lakh followed by 13.17 Lakh at 12100 Strike and 7.97 Lakh at 12400 strike and Put writing of 14.44 Lakh at 12000 Strike followed by 13.59 Lakh at 12100 Strike and 9.98 Lakh at 11800 strike. Index is closed near 12140 level.
Index has resistance near 12150 - 12200 level and if index crosses and sustain above 12250 level then may reach near 12500 level.
Index has immediate support near 11900 level and if this support is broken then index may tank near 11780 level.
Trade closed: target reached
Gap up opening but could not sustain above 12200 resistance level and closed near 12150.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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