Midnifty Intraday Analysis for 22nd August 2024

Actualizado
NIFTY_MID_SELECT

Index closed near 12940 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
13200 Strike – 10.69 Lakh
12900 Strike – 7.10 Lakh
13000 Strike – 6.70 Lakh

Put Writing
12800 Strike – 9.26 Lakh
12900 Strike – 8.11 Lakh
12700 Strike – 5.51 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 12750 – 12700 range and if this support is broken then index may tank near 12500 – 12450 range.
Operación cerrada: objetivo alcanzado
Gap up opening and made high near 13100 level with close near 13065.
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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