Nifty MidCap Select Index
Updated

Midnifty Intraday Analysis for 07th March 2025

42
NIFTY_MID_SELECT

Index closed near 11190 level and Maximum Call and Put Writing near CMP as below in March Month contract:

Call Writing
11000 Strike – 5.46 Lakh
10900 Strike – 5.43 Lakh
11500 Strike – 4.91 Lakh

Put Writing
11000 Strike – 7.74 Lakh
10900 Strike – 5.70 Lakh
11200 Strike – 4.73 Lakh

Index has immediate resistance near 11300 – 11350 range and if index crosses and sustains above this level then may reach 11500 – 11550 range.

Index has immediate support near 11025 – 10975 range and if this support is broken then index may tank near 10825 – 10775 range.
Trade closed: target reached
Open flat and traded in range with high near 11225 and low near 11085 with close near 11120.

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