NIFTY_MID_SELECT Index closed near 11985 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
12000 Strike – 3.53 Lakh
12200 Strike – 3.22 Lakh
12500 Strike – 2.93 Lakh
Put Writing
12000 Strike – 5.56 Lakh
12200 Strike – 2.19 Lakh
12100 Strike – 2.15 Lakh
Index has immediate resistance near 12125 – 12175 range and if index crosses and sustains above this level then may reach 12300 – 12350 range.
Index has immediate support near 11800 – 11750 range and if this support is broken then index may tank near 11550 – 11500 range.
Trade closed: target reached
Gap down opening with low near 11745 then recovered and made high near 12050 and closed near 12020.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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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.
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
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.