Midnifty Intraday Analysis for 13th June 2024
Updated
NIFTY_MID_SELECT Maximum Call writing near CMP is at 12200 strike with 9.02 Lakh followed by 8.73 Lakh at 11900 Strike and 7.82 Lakh at 12000 strike and Put writing of 9.42 Lakh at 11500 Strike followed by 8.37 Lakh at 11800 Strike and 8.32 Lakh at 11700 strike. Index is closed near 11890 level.
Index has resistance near 12000 – 12050 range and if index crosses and sustain above 12050 level then may reach near 12200 level.
Index has immediate support near 11825 - 11775 range and if this support is broken then index may tank near 11690 level.
Trade closed: target reached
Gap up opening but could no cross 12000 resistance level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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