NIFTY_MID_SELECT Index closed near 11605 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
12000 Strike – 6.06 Lakh
11500 Strike – 4.33 Lakh
11600 Strike – 4.10 Lakh
Put Writing
11500 Strike – 5.20 Lakh
11600 Strike – 3.36 Lakh
11400 Strike –3.10 Lakh
High volatility expected due to implementation of retaliatory tariff and late night / early morning Trump speech.
Index has immediate support near 11475 – 11425 range and if this support is broken then index may tank near 11250 – 11200 range.
If market recovers, Index has immediate resistance near 11750 – 11800 range and if index crosses and sustains above this level then may reach 11950 – 12000 range.
Trading ditutup: target tercapai
Gap down opening with high near 11615 then further tank to low near 11405 and again bounced with close near 11515.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
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.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
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.