Nifty MidCap Select Index
Short
Updated

Midnifty Intraday Analysis for 23rd June 2025

43
NIFTY_MID_SELECT

Index has immediate resistance near 13075 – 13100 range and if index crosses and sustains above this level then may reach 13275 – 13300 range.

Midnifty has immediate support near 12800 – 12775 range and if this support is broken then index may tank near 12600 – 12575 range.

High volatility expected due to the fresh escalation of the Israel Iran war.
Trade closed: target reached
Gap down opening with low near 12855 then bounced and made high near 13080 and closed near 13035.

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