NIFTY_MID_SELECT Index closed near 10910 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
11000 Strike – 7.41 Lakh
10900 Strike – 6.16 Lakh
11100 Strike – 5.71 Lakh
Put Writing
11000 Strike – 7.35 Lakh
10900 Strike – 5.94 Lakh
10800 Strike – 5.57 Lakh
Index has immediate resistance near 11050 – 11100 range and if index crosses and sustains above this level then may reach 11200 – 11250 range.
Index has immediate support near 10800 – 10750 range and if this support is broken then index may tank near 10675 – 10625 range.
Trade closed: target reached
Gap up opening with high near 10970 and tank to low near 10805 and closed near 10825.
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.