Midnifty Intraday Analysis for 9th July 2024
Updated
NIFTY_MID_SELECT Maximum Call writing near CMP is at 12500 strike with 7.00 Lakh followed by 4.38 Lakh at 12900 Strike and 3.67 Lakh at 12400 strike and Put writing of 3.52 Lakh at 12500 Strike followed by 3.37 Lakh at 12400 Strike and 3.21 Lakh at 12100 strike. Index is closed near 12375 level.
Index has resistance near 12500 - 12550 level and if index crosses and sustain above 12550 level then may reach near 12700 – 12750 range.
Index has immediate support near 12325 - 12300 range and if this support is broken then index may tank near 12250 – 12200 range.
Order cancelled
Open flat and traded in narrow range between 12435 - 12345.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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