Midnifty Intraday Analysis for 1st July 2024
NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12300 strike with 26.01 Lakh followed by 25.90 Lakh at 12500 Strike and 16.41 Lakh at 12400 strike and Put writing of 19.93 Lakh at 12000 Strike followed by 17.08 Lakh at 12200 Strike and 12.24 Lakh at 12250 strike. Index is closed near 12250 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 12200 - 12150 range and if this support is broken then index may tank near 12000 level.
Maximum Call writing near CMP is at 12300 strike with 26.01 Lakh followed by 25.90 Lakh at 12500 Strike and 16.41 Lakh at 12400 strike and Put writing of 19.93 Lakh at 12000 Strike followed by 17.08 Lakh at 12200 Strike and 12.24 Lakh at 12250 strike. Index is closed near 12250 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 12200 - 12150 range and if this support is broken then index may tank near 12000 level.
Order cancelled:
Index faced resistance near trendline and traded in narrow range. No trade initiated.