MIDCPNIFTY TECHNICAL LEVEL AND DERIVATIVE STRATEGY

MIDCPNIFTY BULLISH BREAKOUT ZONE 15070 MIDCPNIFTY BEARISH BREAKOUT ZONE 14900 OPEN INEREST UPDATES IN OPTION MARKET IN INTRADAY SEPTEMBER OPTION CHAIN HIGHER OPEN INTEREST SENN @14900 CALL &14900 PUT. SEPTEMBER OPTION CHAIN DATA INDICATES MIDCPNIFTY LOOKS BULLISH TODAY HEAVY PUT OPTION SELLING SEEN IN MIDCPNIFTY. AND EVERY SECTOR IN MIDCPNIFTY IS CONTRIBUTING IN THIS RALLY AND DUE TO STRONG QUARTER RESULTS OF THE MID SIZED COMPANIES MIDSIZED COMPANIES LOOS SOLID ON THE BASIS OF FUNDAMNETAL VIEW. ELECTRONIC AND METAL SECTOR MAY CONTINUE GAIN ON THE BASIS OF SENTIMENT ANALYSIS. FOR POSITIONAL INVESTOR NEAR TERM RESISTANCE LEVEL IS 15200, 15500 AND SUPPORT IS 14800,14600. IN LAST 5 SESSION 3 TIMES MIDCPNIFTY DEFEND 14800 LEVEL.