Nifty MidCap Select Index
Long
Updated

Midnifty Intraday Analysis for 13th December 2024

46
NIFTY_MID_SELECT

Index closed near 13070 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
13000 Strike – 6.62 Lakh
13200 Strike – 2.90 Lakh
13300 Strike – 2.60 Lakh

Put Writing
13000 Strike – 6.95 Lakh
12900 Strike – 2.34 Lakh
13100 Strike – 2.19 Lakh

Index has immediate resistance near 13200 – 13225 range and if index crosses and sustains above this level then may reach 13400 – 13450 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
Gap down opening and tanked to low near 12870 then bounced and made high near 13145 with close near 13135.

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