Nifty MidCap Select IndexUpdated Midnifty Intraday Analysis for 09th September 2024
NIFTY_MID_SELECT Index closed near 13065 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 27.31 Lakh
13300 Strike – 24.21 Lakh
13400 Strike – 23.18 Lakh
Put Writing
12800 Strike – 14.52 Lakh
13000 Strike – 12.73 Lakh
13000 Strike – 12.38 Lakh
Index has immediate resistance near 13150- 13225 range and if index crosses and sustains above 13225 level then may reach 13450 – 13500 range.
Index has immediate support near 13000 – 12950 range and if this support is broken then index may tank near 12800 – 12750 range.
Trade closed: target reached
Gap down opening with low near 12965 level and bounced to close near 13025.
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
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