Midnifty Intraday Analysis for 14th June 2024
Updated
NIFTY_MID_SELECT Maximum Call writing near CMP is at 12100 strike with 17.02 Lakh followed by 16.33 Lakh at 12000 Strike and 12.90 Lakh at 12200 strike and Put writing of 19.25 Lakh at 11800 Strike followed by 19.08 Lakh at 11700 Strike and 14.83 Lakh at 11900 strike. Index is closed near 11950 level.
Index has resistance near 12000 – 12025 range and if index crosses and sustain above 12025 level then may reach near 12100 level and if index crosses above 12125 level then may reach near 12200 level.
Index has immediate support near 11825 - 11775 range and if this support is broken then index may tank near 11690 level.
Trade closed: target reached
Open flat and broked 12025 resistance level and closed near 12040 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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