Nifty MidCap Select IndexUpdated Midnifty Intraday Analysis for 20th February 2025
NIFTY_MID_SELECT Index closed near 11270 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 7.74 Lakh
11300 Strike – 4.88 Lakh
11400 Strike – 3.46 Lakh
Put Writing
11000 Strike – 13.55 Lakh
11200 Strike – 4.73 Lakh
11100 Strike – 4.69 Lakh
Index has immediate resistance near 11375 – 11435 range and if index crosses and sustains above this level then may reach 11500 – 11550 range.
Index has immediate support near 11100 – 11050 range and if this support is broken then index may tank near 10925– 10875 range.
Trade closed: target reached
Gap down opening with low near 11185 then bounced and made high near 11410 and closed near 11390.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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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.
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.