Nifty MidCap Select IndexUpdated Midnifty Intraday Analysis for 30th July 2024
NIFTY_MID_SELECT Index closed near 12805 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12800 Strike – 5.37 Lakh
13000 Strike – 5.17 Lakh
13200 Strike – 3.05 Lakh
Put Writing
12800 Strike – 6.86 Lakh
12700 Strike – 4.71 Lakh
12600 Strike – 2.55 Lakh
Index has immediate resistance near 12875 – 12925 range and if index crosses and sustain above 12925 level then may reach near 13000 level.
Index has immediate support near 12700 – 12650 range and if this support is broken then index may tank near 12350 – 12300 range.
Trade closed: target reached
Open flat and faced resistance in 12875 - 12925 range.
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: 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
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