MIDCPNIFTY TECHNICAL LEVEL AND DERIVATIVE STRATEGY

MIDCPNIFTY BULLISH BREAKOUT ZONE 14950 MIDCPNIFTY BEARISH BREAKOUT ZONE 14800 OI UPDATES IN OPTION MARKET: IN INTRADAY HIGHER OPEN INTEREST SEEN @ 14900 CALL AND 14800 PUT AS PER TECHNICAL ANALYSIS FOR POSITIONAL INVESTOR RESISTANCE LEVEL FOR MIDCPNIFTY IS 15000 , 15200 AND SUPPORT IS 14700. 14800 LOOKS STRONG SUPPORT IN LAST 3 SESSION MIDCP NIFTY FAILED TO BREAK 14800 LEVEL. IN INTRADAY MOVEMENT CALL SELLER SEEN @ 14900 LEVEL AND PUT SELLER SEEN @ 14800 AND WE WILL SEE BREAKOUT IN MIDCP NIFTY IF BREAK EITHER 14900 AND 14800 LEVEL AS PER DATA ANALYSIS AND TECHNICAL ANALYSIS. WE MAY SEE DIRECTIONAL MOVE ON EXPIRY DAY IN MIDCPNIFTY SOME SECTORS ARE LOOKING GOOD SUCH AS RENEWABLE ENERGY AND AUTO SECTOR.