NIFTY_MID_SELECT Index closed near 11930 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
12000 Strike – 3.11 Lakh
12500 Strike – 2.54 Lakh
11900 Strike – 1.24 Lakh
Put Writing
11500 Strike – 3.09 Lakh
11500 Strike – 2.08 Lakh
12000 Strike – 1.77 Lakh
Index has immediate resistance near 12100 – 12150 range and if index crosses and sustains above this level then may reach 12275 – 12325 range.
Index has immediate support near 11800 – 11750 range and if this support is broken then index may tank near 11550– 11500 range.
Volatility expected on Budget day with a big swing on either side based on perceived market outcome.
Trade chiuso: obiettivo raggiunto
High volatility seen on Budget day with high near 12005 and low near 11645 with close near 11865.
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
Request for follow on X @rkmaurya_ra
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.