Nifty MidCap Select IndexUpdated Midnifty Intraday Analysis for 06th June 2024
NIFTY_MID_SELECT Maximum Call writing near CMP is at 11500 strike with 5.18 Lakh followed by 3.76 Lakh at 11600 Strike and 3.12 Lakh at 11700 strike and Put writing of 3.72 Lakh at 11500 Strike followed by 3.00 Lakh at 11200 Strike and 2.67 Lakh at 11400 strike. Index is closed near 11455 level.
Index has resistance near 11600 level and if index crosses and sustain above 10650 level then may reach near 11825 - 11850 range and if crosses this level then may reach near 12000 level.
Index has immediate support near 10300 level and if this support is broken then index may tank near 11150 level.
Trade closed: target reached
Gap up opening and traded around 11600 resistance level and could not sustain above 11650 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
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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
Request for follow on X @rkmaurya_ra
Disclaimer
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