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Nifty MidCap Select Index
Updated

Midnifty Intraday Analysis for 03rd March 2025

26
NIFTY_MID_SELECT

Index closed near 10770 level and Maximum Call and Put Writing near CMP as below in March Month contract:

Call Writing
11000 Strike – 3.46 Lakh
10800 Strike – 2.45 Lakh
10900 Strike – 1.29 Lakh

Put Writing
10500 Strike – 4.35 Lakh
11000 Strike – 4.34 Lakh
10800 Strike – 4.22 Lakh

Index has immediate resistance near 10850 – 10900 range and if index crosses and sustains above this level then may reach 10975 – 11025 range.

Index has immediate support near 10650 – 10600 range and if this support is broken then index may tank near 10500 – 10450 range.

Volatility expected due to non resolution of Russia Ukraine war and imposition of import tariff by US on Canada Mexico and China with effect from 4th March 2025.
Trade closed: target reached
Open flat then tank to low near 10620 then bounced with high near 11895 and close near 10865.
RKMAURYA
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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Supply and DemandSupport and ResistanceTrend Lines

Disclaimer

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Supply and DemandSupport and ResistanceTrend Lines
RKMAURYA
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

Request for follow on X @rkmaurya_ra
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.