NIFTY_MID_SELECT Index closed near 12935 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
13000 Strike – 7.10 Lakh
12800 Strike – 3.10 Lakh
12900 Strike – 2.38 Lakh
Put Writing
13000 Strike – 6.60 Lakh
12800 Strike – 4.25 Lakh
12900 Strike – 3.11 Lakh
Index has immediate resistance near 13050 – 13100 range and if index crosses and sustains above this level then may reach 13200 – 13250 range.
Index has immediate support near 12825 – 12775 range and if this support is broken then index may tank near 12675 – 12625 range.
Trade closed: target reached
Open flat with low near 12920 and made high near 13105 with close near 13095.
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.