Midnifty Intraday Analysis for 12th September 2024
Updated
NNIFTY_MID_SELECT
Index closed near 13115 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 14.28 Lakh
13200 Strike – 9.53 Lakh
13300 Strike – 6.87 Lakh
Put Writing
13000 Strike – 16.98 Lakh
12800 Strike – 8.64 Lakh
13100 Strike –6.81 Lakh
Index has immediate resistance near 13250- 13300 range and if index crosses and sustains above 13300 level then may reach 13450 – 13500 range.
Index has immediate support near 13100 – 13000 range and if this support is broken then index may tank near 12900 – 12850 range.
Index closed near 13115 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 14.28 Lakh
13200 Strike – 9.53 Lakh
13300 Strike – 6.87 Lakh
Put Writing
13000 Strike – 16.98 Lakh
12800 Strike – 8.64 Lakh
13100 Strike –6.81 Lakh
Index has immediate resistance near 13250- 13300 range and if index crosses and sustains above 13300 level then may reach 13450 – 13500 range.
Index has immediate support near 13100 – 13000 range and if this support is broken then index may tank near 12900 – 12850 range.
Trade closed: target reached
Gap up opening with low near 13165 and made high near 13285.
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