Midnifty Intraday Analysis for 3rd July 2024
NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12300 strike with 7.93 Lakh followed by 4.08 Lakh at 12200 Strike and 3.93 Lakh at 12500 strike and Put writing of 6.53 Lakh at 12200 Strike followed by 5.96 Lakh at 12000 Strike and 3.29 Lakh at 12100 strike. Index is closed near 12215 level.
Index has resistance near 12350 – 12400 range and if index crosses and sustain above 12400 level then may reach near 12500 level.
Index has immediate support near 12100 - 12180 range and if this support is broken then index may tank near 12000 level.
Maximum Call writing near CMP is at 12300 strike with 7.93 Lakh followed by 4.08 Lakh at 12200 Strike and 3.93 Lakh at 12500 strike and Put writing of 6.53 Lakh at 12200 Strike followed by 5.96 Lakh at 12000 Strike and 3.29 Lakh at 12100 strike. Index is closed near 12215 level.
Index has resistance near 12350 – 12400 range and if index crosses and sustain above 12400 level then may reach near 12500 level.
Index has immediate support near 12100 - 12180 range and if this support is broken then index may tank near 12000 level.
Trade closed: target reached:
Gap up opening with low near 12235 level and high near 12325 level.