Midnifty Intraday Analysis for 19th June 2024
NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12500 strike with 6.86 Lakh followed by 4.95 Lakh at 12100 Strike and 4.46 Lakh at 12000 strike and Put writing of 6.72 Lakh at 12000 Strike followed by 3.93 Lakh at 12100 Strike and 3.82 Lakh at 11900 strike. Index is closed near 12115 level.
Index has resistance near 12200 level and if index crosses and sustain above 12250 level then may reach near 12500 level.
Index has immediate support near 12000 level and if this support is broken then index may tank near 11900 level.
Maximum Call writing near CMP is at 12500 strike with 6.86 Lakh followed by 4.95 Lakh at 12100 Strike and 4.46 Lakh at 12000 strike and Put writing of 6.72 Lakh at 12000 Strike followed by 3.93 Lakh at 12100 Strike and 3.82 Lakh at 11900 strike. Index is closed near 12115 level.
Index has resistance near 12200 level and if index crosses and sustain above 12250 level then may reach near 12500 level.
Index has immediate support near 12000 level and if this support is broken then index may tank near 11900 level.
Trade closed: target reached:
Open flat then tanked to low near 11945 but managed to close near 12000 support level.