Nifty MidCap Select IndexUpdated Midnifty Intraday Analysis for 12th July 2024
NIFTY_MID_SELECT Maximum Call writing near CMP is at 12400 strike with 10.78 Lakh followed by 10.75 Lakh at 12500 Strike and 9.25 Lakh at 12700 strike and Put writing of 10.83 Lakh at 12400 Strike followed by 8.69 Lakh at 12300 Strike and 5.45 Lakh at 12200 strike. Index is closed near 12425 level.
Index has resistance near 12450 - 12500 level and if index crosses and sustain above 12550 level then may reach near 12700 – 12750 range.
Index has immediate support near 12200 - 12150 range and if this support is broken then index may tank near 12000 level.
Trade closed: target reached
Gap up opening but could not cross 12500 resistance and closed near 12450 support.
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: 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.