Midnifty Intraday Analysis for 26th August 2024
Updated
NNIFTY_MID_SELECT
Index closed near 12960 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13100 Strike – 27.51 Lakh
13000 Strike – 24.89 Lakh
13200 Strike – 23.56 Lakh
Put Writing
12700 Strike – 18.45 Lakh
12800 Strike – 17.91 Lakh
12900 Strike – 16.30 Lakh
Index has immediate resistance near 13050 - 13100 range and if index crosses and sustain above 13100 level then may reach 13200 – 13300 range.
Index has immediate support near 12950 – 12900 range and if this support is broken then index may tank near 12850 – 12800 range.
Index closed near 12960 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13100 Strike – 27.51 Lakh
13000 Strike – 24.89 Lakh
13200 Strike – 23.56 Lakh
Put Writing
12700 Strike – 18.45 Lakh
12800 Strike – 17.91 Lakh
12900 Strike – 16.30 Lakh
Index has immediate resistance near 13050 - 13100 range and if index crosses and sustain above 13100 level then may reach 13200 – 13300 range.
Index has immediate support near 12950 – 12900 range and if this support is broken then index may tank near 12850 – 12800 range.
Trade closed: target reached
Gap up opening and made high near 13100 and closed near 13055.
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