Midnifty Intraday Analysis for 17th May 2024
NIFTY_MID_SELECT Maximum Call writing of 17.08 Lakh is at 11500 strike followed by 13.48 Lakh at 11300 Strike and 11.19 Lakh at 11400 strike and Put writing of 18.86 Lakh at 11000 Strike followed by 18.26L Lakh at 11200 Strike and 15.16 Lakh at 11100 strike. Index is closed near 11275 level.
Index may reach near 11325 level if crosses and sustain above 11325 level then index may reach near 11400 level and if sustain above 424 then reach near 11500 level.
Index has support near 11225 – 11180 level and if this support is broken then index may tank to 11100 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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