NIFTY_MID_SELECT Index closed near 11955 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
12500 Strike – 11.04 Lakh
12000 Strike – 9.99 Lakh
12200 Strike – 6.16 Lakh
Put Writing
11500 Strike – 7.44 Lakh
11600 Strike – 6.81 Lakh
11700 Strike – 5.14 Lakh
Index has immediate resistance near 12200 – 12250 range and if index crosses and sustains above this level then may reach 12400 – 12450 range.
Index has immediate support near 11775 – 11725 range and if this support is broken then index may tank near 11600 – 11550 range.
Trade closed: target reached
Gap up opening with low near 11940 then made high near 12145 and closed near 12095.
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.