NIFTY_MID_SELECT Index closed near 10825 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
11000 Strike – 8.40 Lakh
10900 Strike – 6.47 Lakh
11200 Strike – 5.79 Lakh
Put Writing
11000 Strike – 6.91 Lakh
10900 Strike – 6.42 Lakh
10700 Strike – 5.84 Lakh
Index has immediate resistance near 10975 – 11025 range and if index crosses and sustains above this level then may reach 11150 – 11200 range.
Index has immediate support near 10725 – 10675 range and if this support is broken then index may tank near 10525 – 10475 range.
Trade closed: target reached
Open flat with low near 10805 then made high near 10940 and closed near 10895.
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.