Midnifty Intraday Analysis for 18th November 2024NSE:NIFTY_MID_SELECT
Index closed near 12105 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12400 Strike – 13.54 Lakh
12300 Strike – 13.02 Lakh
12200 Strike – 12.49 Lakh
Put Writing
12000 Strike – 15.33 Lakh
12100 Strike – 10.06 Lakh
11900 Strike – 9.28 Lakh
Index has immediate support near 12000 – 12950 range and if this support is broken then index may tank near 11800 – 11750 range.
Index has immediate resistance near 12225 - 12275 range and if index crosses and sustains above this level then may reach 12350 – 12400 range.