Midnifty Intraday Analysis for 18th June 2024
Updated
NIFTY_MID_SELECT Maximum Call writing near CMP is at 12000 strike with 6.21 Lakh followed by 3.73 Lakh at 12500 Strike and 2.50 Lakh at 12200 strike and Put writing of 6.41 Lakh at 12000 Strike followed by 2.34 Lakh at 11900 Strike and 2.10 Lakh at 11700 strike. Index is closed near 12055 level.
Index has resistance near 12200 level and if index crosses and sustain above 12250 level then may reach near 12500 level.
Index has immediate support near 11900 level and if this support is broken then index may tank near 11700 level.
Order cancelled
Open flat and traded in range between 12120 - 12035 range.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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