Midnifty Intraday Analysis for 26th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12300 strike with 15.02 Lakh followed by 6.46 Lakh at 12400 Strike and 5.04 Lakh at 12350 strike and Put writing of 9.68 Lakh at 12300 Strike followed by 7.50 Lakh at 12200 Strike and 3.93 Lakh at 12100 strike. Index is closed near 12280 level.
Index has resistance near 12350 – 12400 range and if index crosses and sustain above 12400 level then may reach near 12500 level.
Index has immediate support near 12200 - 12150 range and if this support is broken then index may tank near 12000 level.
NIFTY_MID_SELECT trade ideas
Midcap Nifty trades and targets - 26/6/24Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.
Midnifty Intraday Analysis for 25th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12300 strike with 5.07 Lakh followed by 3.71 Lakh at 12700 Strike and 2.76 Lakh at 12500 strike and Put writing of 4.66 Lakh at 12000 Strike followed by 4.34 Lakh at 12200 Strike and 3.57 Lakh at 12300 strike. Index is closed near 12275 level.
Index has resistance near 12300 level and if index crosses and sustain above 12350 level then may reach near 12450 - 12500 range.
Index has immediate support near 12200 - 12150 range and if this support is broken then index may tank near 12000 level.
Midcap bearish angleMidcap nifty clearly has bearish angle in 1D 1H timeframes. I only consider it bearish ones it start giving closing below the channel levels. But keep an eye whenever these triggers it will give
bigger trades. Please keep following the below updates which i do on regular bases. If any changes in the plan you will get glimps of it. Also market is so unpredictable now a days.
I mostly try to capture big trends but always prefer small trades enter & exit as i am a option buyer. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. And market can always prove me wrong and i take that rights too. Best way is. Keep the one side view when level breaks then keep booking the profits. Enter again in bounce with proper SL/risk management.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST.ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS,RIGHTS RESERVED.I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Midcap Nifty trades and targets - 25/6/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 24th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12500 strike with 25.79 Lakh followed by 19.40 Lakh at 12200 Strike and 16.74 Lakh at 12300 strike and Put writing of 21.57 Lakh at 12000 Strike followed by 16.63 Lakh at 12100 Strike and 16.24 Lakh at 11800 strike. Index is closed near 12165 level.
Index has resistance near 12200 - 12250 level and if index crosses and sustain above 12250 level then may reach near 12500 level.
Index has immediate support near 12100 - 12000 range and if this support is broken then index may tank near 11900 level.
Midcap Nifty expiry trades and targets - 24/6/24Hello Everyone. The market was bearish but gave opposite moves to take SL few times today. Previous support has turned to resistance now and vise versa. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points. Its expiry so trade if levels are broke an there are clear signals of any trade. If we try to trade in between zones then our SL will be hit and capital will be wiped out.
Midnifty Intraday Analysis for 21st June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12500 strike with 15.10 Lakh followed by 13.17 Lakh at 12100 Strike and 7.97 Lakh at 12400 strike and Put writing of 14.44 Lakh at 12000 Strike followed by 13.59 Lakh at 12100 Strike and 9.98 Lakh at 11800 strike. Index is closed near 12140 level.
Index has resistance near 12150 - 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 11780 level.
Midcap Nifty trades and targets - 21/6/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 20th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12100 strike with 10.24 Lakh followed by 8.62 Lakh at 12000 Strike and 6.11 Lakh at 12200 strike and Put writing of 11.84 Lakh at 12000 Strike followed by 5.75 Lakh at 11800 Strike and 5.39 Lakh at 12100 strike. Index is closed near 12000 level.
Index has resistance near 12150 - 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 11780 level.
MIDCAP Select Analysis & Many reasons to short with Small SLWe have explained everything in the chart. Please refer to it.
Let us know your thoughts in the comment section.
Thanks,
Team Wavemoku
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Midnifty Intraday Analysis for 19th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12500 strike with 6.86 Lakh followed by 4.95 Lakh at 12100 Strike and 4.46 Lakh at 12000 strike and Put writing of 6.72 Lakh at 12000 Strike followed by 3.93 Lakh at 12100 Strike and 3.82 Lakh at 11900 strike. Index is closed near 12115 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 12000 level and if this support is broken then index may tank near 11900 level.
Midcap Nifty trades and targets - 19/6/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 18th June 2024NSE: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.
Midcap Nifty trades and targets - 18/6/24Hello Everyone. The market was in a bullish mode previous day. Let the market settle for first 30 minutes as we had 3 holidays and the premiums will decay and adjust very fast. Wait till market settle then trade as per plan. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 14th June 2024NSE: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.
Midcap Nifty trades and targets - 14/6/24Hello Everyone. The market was in a very tight range the today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 20 points as we are getting very few trending moves. The zones marked in blue are previous resistance and support so book profits at these zones. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.
Midnifty Intraday Analysis for 13th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12200 strike with 9.02 Lakh followed by 8.73 Lakh at 11900 Strike and 7.82 Lakh at 12000 strike and Put writing of 9.42 Lakh at 11500 Strike followed by 8.37 Lakh at 11800 Strike and 8.32 Lakh at 11700 strike. Index is closed near 11890 level.
Index has resistance near 12000 – 12050 range and if index crosses and sustain above 12050 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.
Midcap Nifty trades and targets - 13/6/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 12th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12200 strike with 6.63 Lakh followed by 5.67 Lakh at 11900 Strike and 5.42 Lakh at 11800 strike and Put writing of 6.74 Lakh at 11700 Strike followed by 6.73 Lakh at 11700 Strike and 4.67 Lakh at 11650 strike. Index is closed near 11770 level.
Index has resistance near 11800 - 11825 range and if index crosses and sustain above 10850 level then may reach near 12000 range and if crosses this level then may reach near 12100 level.
Index has immediate support near 10525 - 11500 range and if this support is broken then index may tank near 11300 level.
Midnifty Intraday Analysis for 11th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 11700 strike with 4.84 Lakh followed by 2.61 Lakh at 11600 Strike and 2.58 Lakh at 12000 strike and Put writing of 3.94 Lakh at 11700 Strike followed by 2.89 Lakh at 11600 Strike and 2.09 Lakh at 11500 strike. Index is closed near 11690 level.
Index has resistance near 11800 - 11825 range and if index crosses and sustain above 10850 level then may reach near 12000 range and if crosses this level then may reach near 12100 level.
Index has immediate support near 10525 - 11500 range and if this support is broken then index may tank near 11300 level.
Midcap Nifty trades and targets - 12/6/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 10th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12000 strike with 25.23 Lakh followed by 20.63 Lakh at 11800 Strike and 15.37 Lakh at 12100 strike and Put writing of 21.15 Lakh at 11500 Strike followed by 16.46 Lakh at 11300 Strike and 12.54 Lakh at 11600 strike. Index is closed near 11755 level.
Index has resistance near 11800 - 11825 range and if index crosses and sustain above 10850 level then may reach near 11200 range and if crosses this level then may reach near 12100 level.
Index has immediate support near 10525 - 11500 range and if this support is broken then index may tank near 11300 level.