Midnifty Intraday Analysis for 14th February 2025

2 days ago

NIFTY_MID_SELECT

Index closed near 11360 level and Maximum Call and Put Writing near CMP as below in February Month contract:

Call Writing
11600 Strike – 3.73 Lakh
11500 Strike – 3.49 Lakh
11700 Strike – 2.91 Lakh

Put Writing
11500 Strike – 5.89 Lakh
11400 Strike – 4.71 Lakh
11300 Strike – 2.32 Lakh

Index has immediate resistance near 11550 – 11600 range and if index crosses and sustains above this level then may reach 11750 – 11800 range.

Index has immediate support near 11250 – 11200 range and if this support is broken then index may tank near 11050– 11000 range.

Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.

yesterday

Trade closed: target reached

Gap up opening with high near 11430 then tank to low near 11975 and closed near 11090.