Midnifty Intraday Analysis for 4th September 2024

Index closed near 13210 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 10.16 Lakh
13600 Strike – 8.21 Lakh
13500 Strike – 7.11 Lakh
Put Writing
13200 Strike – 12.91 Lakh
13100 Strike – 5.84 Lakh
13000 Strike – 4.49 Lakh
Index has immediate resistance near 13275 - 13250 range and if index crosses and sustain above 13275 level then may reach 13450 – 13500 range.
Index has immediate support near 13150 – 13100 range and if this support is broken then index may tank near 12850 – 12800 range.
Dagangan ditutup: sasaran tercapai
Gap down opening and made low near 13090 then bounced and made high near 13235.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
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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.