Midnifty Intraday Analysis for 21st August 2024

Actualizado
NIFTY_MID_SELECT

Index closed near 12870 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
13200 Strike – 7.59 Lakh
13000 Strike – 5.87 Lakh
13100 Strike – 4.47 Lakh

Put Writing
12800 Strike – 8.01 Lakh
12700 Strike – 4.05 Lakh
12600 Strike – 3.41 Lakh

Index has immediate resistance near 13000 - 13100 range and if index crosses and sustain above 13100 level then may reach near 13200.

Index has immediate support near 12700 – 12650 range and if this support is broken then index may tank near 12500 – 12450 range.
Operación cerrada: objetivo alcanzado
Open flat and closed near day high level.
Supply and DemandSupport and ResistanceTrend Lines

Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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