Midnifty Intraday Analysis for 21st August 2024
Updated
NNIFTY_MID_SELECT
Index closed near 12870 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 7.59 Lakh
13000 Strike – 5.87 Lakh
13100 Strike – 4.47 Lakh
Put Writing
12800 Strike – 8.01 Lakh
12700 Strike – 4.05 Lakh
12600 Strike – 3.41 Lakh
Index has immediate resistance near 13000 - 13100 range and if index crosses and sustain above 13100 level then may reach near 13200.
Index has immediate support near 12700 – 12650 range and if this support is broken then index may tank near 12500 – 12450 range.
Index closed near 12870 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 7.59 Lakh
13000 Strike – 5.87 Lakh
13100 Strike – 4.47 Lakh
Put Writing
12800 Strike – 8.01 Lakh
12700 Strike – 4.05 Lakh
12600 Strike – 3.41 Lakh
Index has immediate resistance near 13000 - 13100 range and if index crosses and sustain above 13100 level then may reach near 13200.
Index has immediate support near 12700 – 12650 range and if this support is broken then index may tank near 12500 – 12450 range.
Trade closed: target reached
Open flat and closed near day high level.
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