Midnifty Intraday Analysis for 3rd January 2025
NIFTY_MID_SELECT Index closed near 13095 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
13000 Strike – 7.03 Lakh
12800 Strike – 2.68 Lakh
13200 Strike – 2.16 Lakh
Put Writing
13000 Strike – 7.59 Lakh
12800 Strike – 4.24 Lakh
12900 Strike – 2.93 Lakh
Index has immediate resistance near 13150 – 13175 range and if index crosses and sustains above this level then may reach 13275 – 13300 range.
Index has immediate support near 13000 – 12950 range and if this support is broken then index may tank near 12850 – 12800 range.
Trade closed: target reached
Open flat with high near 13130 then tanked to low near 12990 and closed near 13010.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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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.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
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.