Index closed near 12975 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 10.89 Lakh
13200 Strike – 5.46 Lakh
13200 Strike – 4.65 Lakh
Put Writing
13000 Strike – 9.30 Lakh
12700 Strike – 8.18 Lakh
12800 Strike – 6.92 Lakh
Index has immediate resistance near 13000 - 13100 range and if index crosses and sustains above this level then may reach 13250 – 13350 range.
Index has immediate support near 12850 – 12750 range and if this support is broken then index may tank near 12650 – 12600 range.
Trade closed: target reached
Gap up opening with high near 13085 then tank to low near 12870 with close near 12925.Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
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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.