Nifty MidCap Select Index
Long
Updated

Midnifty Intraday Analysis for 18th August 2025

41
NIFTY_MID_SELECT

Index has immediate resistance near 12775 – 12800 range and if index crosses and sustains above this level then may reach 12925– 12950 range.

Midnifty has immediate support near 12500 – 12475 range and if this support is broken then index may tank near 12350 – 12325 range.

Positive opening expected due to signal of non imposition of secondary tariff.
Trade closed: target reached
Gap up opening with low near 12770 and further made high near 12905 then profit booking dragged to close near 12810.

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