Midnifty Intraday Analysis for 06th February 2025

NIFTY_MID_SELECT

Index closed near 12095 level and Maximum Call and Put Writing near CMP as below in February Month contract:

Call Writing
12500 Strike – 5.04 Lakh
12000 Strike – 4.62 Lakh
12200 Strike – 2.22 Lakh

Put Writing
11800 Strike – 4.05 Lakh
12000 Strike – 3.41 Lakh
12100 Strike – 1.60 Lakh

Index has immediate resistance near 12200 – 12250 range and if index crosses and sustains above this level then may reach 12400 – 12450 range.

Index has immediate support near 11950 – 11900 range and if this support is broken then index may tank near 11800– 11750 range.

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