Midnifty Intraday Analysis for 10th December 2024
Updated
NIFTY_MID_SELECT Index closed near 12990 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
13000 Strike – 7.59 Lakh
13300 Strike – 2.50 Lakh
13200 Strike – 1.53 Lakh
Put Writing
13000 Strike – 6.55 Lakh
12600 Strike – 2.86 Lakh
12700 Strike – 1.82 Lakh
Index has immediate resistance near 13025 – 13075 range and if index crosses and sustains above this level then may reach 13200 – 13225 range.
Index has immediate support near 12850 – 12800 range and if this support is broken then index may tank near 12750 – 12700 range.
Trade closed: target reached
Open flat with low near 12990 and made high near 13095 with close near 13085.
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.