Midnifty Intraday Analysis for 24th October 2024
Updated
NNIFTY_MID_SELECT
Index closed near 12535 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12700 Strike – 10.10 Lakh
12800 Strike – 9.31 Lakh
12600 Strike – 7.76 Lakh
Put Writing
12500 Strike – 10.04 Lakh
12400 Strike – 7.88 Lakh
12300 Strike – 7.17 Lakh
Index has immediate resistance near 12650 - 12750 range and if index crosses and sustains above this level then may reach 12900 – 13000 range.
Index has immediate support near 12300 – 12200 range and if this support is broken then index may tank near 12000 – 11900 range.
Index closed near 12535 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12700 Strike – 10.10 Lakh
12800 Strike – 9.31 Lakh
12600 Strike – 7.76 Lakh
Put Writing
12500 Strike – 10.04 Lakh
12400 Strike – 7.88 Lakh
12300 Strike – 7.17 Lakh
Index has immediate resistance near 12650 - 12750 range and if index crosses and sustains above this level then may reach 12900 – 13000 range.
Index has immediate support near 12300 – 12200 range and if this support is broken then index may tank near 12000 – 11900 range.
Trade closed: target reached
Traded in range between 12485 - 12620 with close near 12575.
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