Nifty MidCap Select Index
Long
Updated

Midnifty Intraday Analysis for 27th November 2024

NIFTY_MID_SELECT

Index closed near 12570 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
13000 Strike – 1.75 Lakh
12600 Strike – 1.51 Lakh
12500 Strike – 1.04 Lakh

Put Writing
12500 Strike – 1.52 Lakh
12600 Strike – 1.20 Lakh
12550 Strike – 0.44 Lakh

Index has immediate resistance near 12750 – 12800 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.

Index has immediate support near 12350 – 12300 range and if this support is broken then index may tank near 12200 – 12150 range.
Order cancelled
Open flat and traded in range between low near 12515 and high near 12630.

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