Midnifty Intraday Analysis for 25th November 2024
NIFTY_MID_SELECT Index closed near 12305 level and Maximum Call and Put Writing near CMP as below in current Monthly contract:
Call Writing
12500 Strike – 15.02 Lakh
12300 Strike – 9.70 Lakh
12400 Strike – 6.56 Lakh
Put Writing
12100 Strike – 13.26 Lakh
12200 Strike – 11.06 Lakh
12300 Strike – 9.83 Lakh
Gap up opening is expected in the event of a better than expected win by BJP in Maharashtra election. Index has immediate resistance near 12450 - 12500 range and if index crosses and sustains above this level then may reach 12650 – 12700 range.
Downside moments are less likely. However, Index has immediate support near 12200 – 11150 range and if this support is broken then index may tank near 12050 – 12000 range.
Trading ditutup: target tercapai
Gap up opening with low near 12460 and made high near 12595 with close near 12575.
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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.