Midnifty Intraday Analysis for 30th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13330 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 17.71 Lakh
13300 Strike – 15.27 Lakh
13400 Strike – 13.43 Lakh
Put Writing
13200 Strike – 24.09 Lakh
13300 Strike – 21.46 Lakh
13100 Strike – 11.58 Lakh
Index has immediate resistance near 13350 - 13400 range and if index crosses and sustains above this level then may reach 13450 – 13500 range.
Index has immediate support near 13200 – 13100 range and if this support is broken then index may tank near 12950 – 12900 range.
NIFTY_MID_SELECT trade ideas
Mid-Cap Expiry 30 Sep 24 Bullish ReversalIntraday Chart for MidCap-Select Nifty has been prepared from larger Time Frame (Daily)>15min using Fibonacci Trend Based Extension; Fib has been drwan on hourly time frame. EMA20-100 is also used but hidden to declutter and make chart simlple. RSI also mirrors the Fib Ext Tool. Few points to note:-
a) Black Horizontal line represent scalping opportunity shown as PE>...
b) S1 & S2 are critical support from which Bullish Reversal is possible shown by arrow path (independent of time, which means that it will happen but not necesssarily in the same time frame as depicted)
Monday Blues:-
i) Global Market will be closed except China.
ii) No Fundamental trigger.
iii) Laws of Newton don't apply here.
BUT. Intraday, holds a Promising Bullish Reversal. Worth waiting than Scalping.
Scenario
GapUp & Gap Down-Wait till market stabilizes
Flat/Neutral- Wait for Second Candle starts forming
Midnifty Intraday Analysis for 27th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13260 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13300 Strike – 14.45 Lakh
13200 Strike – 13.30 Lakh
13500 Strike – 11.19 Lakh
Put Writing
13200 Strike – 18.06 Lakh
13000 Strike – 9.05 Lakh
13300 Strike – 7.04 Lakh
Index has immediate resistance near 13300 - 13350 range and if index crosses and sustains above this level then may reach 13450 – 13500 range.
Index has immediate support near 13160 – 13050 range and if this support is broken then index may tank near 12950 – 12900 range.
Midcap nifty select trades and targets - 27/9/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 25 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 26th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13260 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13300 Strike – 12.00 Lakh
13200 Strike – 8.27 Lakh
13400 Strike – 5.84 Lakh
Put Writing
13200 Strike – 12.36 Lakh
13000 Strike – 6.93 Lakh
13250 Strike – 6.12 Lakh
Index has immediate resistance near 13300 - 13350 range and if index crosses and sustains above this level then may reach 13450 – 13500 range.
Index has immediate support near 13160 – 13050 range and if this support is broken then index may tank near 12950 – 12900 range.
Midcap nifty select trades and targets - 26/9/24Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If we do trades in between these zones premium eating will happen and we end up seeing losses. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 25th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13285 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13300 Strike – 7.95 Lakh
13200 Strike – 6.63 Lakh
13500 Strike – 5.20 Lakh
Put Writing
13200 Strike – 9.63 Lakh
13000 Strike – 6.03 Lakh
13200 Strike – 5.00 Lakh
Index has immediate resistance near 13200 - 13300 range and if index crosses and sustains above 13300 level then may reach 13450 – 13500 range.
Index has immediate support near 13160 – 13050 range and if this support is broken then index may tank near 12950 – 12900 range.
Midcap nifty select trades and targets - 25/9/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 20 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 24th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13200 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 6.97 Lakh
13300 Strike – 4.16 Lakh
13400 Strike – 2.46 Lakh
Put Writing
13200 Strike – 5.95 Lakh
13000 Strike – 3.63 Lakh
13100 Strike – 3.12 Lakh
Index has immediate resistance near 13200 - 13300 range and if index crosses and sustains above 13300 level then may reach 13450 – 13500 range.
Index has immediate support near 13100 – 13050 range and if this support is broken then index may tank near 12950 – 12900 range.
Midnifty Intraday Analysis for 23rd September 2024NSE:NIFTY_MID_SELECT
Index closed near 13115 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13300 Strike – 26.68 Lakh
13200 Strike – 22.82 Lakh
13500 Strike – 20.55 Lakh
Put Writing
12800 Strike – 17.09 Lakh
13000 Strike – 17.09 Lakh
13100 Strike –14.57 Lakh
Index has immediate resistance near 13200 - 13300 range and if index crosses and sustains above 13300 level then may reach 13450 – 13500 range.
Index has immediate support near 13000 – 12900 range and if this support is broken then index may tank near 12800 – 12750 range.
Midnifty Intraday Analysis for 20th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13090 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 21.99 Lakh
13200 Strike – 19.11 Lakh
13100 Strike – 12.50 Lakh
Put Writing
13000 Strike – 11.93 Lakh
12800 Strike – 11.46 Lakh
13100 Strike –8.31 Lakh
Index has immediate resistance near 13200 - 13300 range and if index crosses and sustains above 13300 level then may reach 13450 – 13500 range.
Index has immediate support near 13000 – 12900 range and if this support is broken then index may tank near 12800 – 12750 range.
Midcap nifty select trades and targets - 20/9/24Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 20 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 19th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13135 level and Maximum Call and Put Writing near CMP as below in current
weekly contract:
Call Writing
13300 Strike – 13.50 Lakh
13200 Strike – 12.25 Lakh
13500 Strike – 10.17 Lakh
Put Writing
13300 Strike – 6.72 Lakh
13200 Strike – 6.16 Lakh
13000 Strike – 5.95 Lakh
Index has immediate resistance near 13400 - 13500 range and if index crosses and sustains above 13500 level then may reach 13650 – 13700 range.
Index has immediate support near 13000 – 12900 range and if this support is broken then index may tank near 12800 – 12750 range.
Big swing expected on either side due to the upcoming US FOMC Rate cut outcome.
Midcap nifty select trades and targets - 19/9/24Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 20 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 18th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13285 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13300 Strike – 8.34 Lakh
13500 Strike – 6.84 Lakh
13400 Strike – 5.04 Lakh
Put Writing
13300 Strike – 8.35 Lakh
13000 Strike – 6.20 Lakh
13200 Strike – 4.67 Lakh
Index has immediate resistance near 13400- 13500 range and if index crosses and sustains above 13500 level then may reach 13650 – 13700 range.
Index has immediate support near 13250 – 13200 range and if this support is broken then index may tank near 13050– 13000 range.
Index is expected to be in range bound with a slightly lower side due to the upcoming US FOMC Rate cut outcome.
Midcap nifty select trades and targets - 18/9/24Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 17th September 2024NSE:CNXFINANCE
Index closed near 13275 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13300 Strike – 6.33 Lakh
13500 Strike – 3.97 Lakh
13400 Strike – 3.91 Lakh
Put Writing
13300 Strike – 5.45 Lakh
13200 Strike – 2.36 Lakh
13250 Strike – 1.61 Lakh
Index has immediate resistance near 13400- 13500 range and if index crosses and sustains above 13500 level then may reach 13650 – 13700 range.
Index has immediate support near 13250 – 13200 range and if this support is broken then index may tank near 13050– 13000 range.
Midcap nifty select trades and targets - 17/9/24Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 16th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13345 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 20.69 Lakh
13350 Strike – 15.29 Lakh
13400 Strike – 15.22 Lakh
Put Writing
13200 Strike – 16.55 Lakh
13100 Strike – 16.43 Lakh
13300 Strike – 14.18 Lakh
Index has immediate resistance near 13400- 13500 range and if index crosses and sustains above 13500 level then may reach 13650 – 13700 range.
Index has immediate support near 13250 – 13200 range and if this support is broken then index may tank near 13050– 13000 range.
Midcap nifty select trades and targets - 16/9/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midnifty Intraday Analysis for 13th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13275 level and Maximum Call and Put Writing near CMP as below in current
weekly contract:
Call Writing
13500 Strike – 13.75 Lakh
13300 Strike – 6.97 Lakh
13350 Strike – 6.45 Lakh
Put Writing
13200 Strike – 13.06 Lakh
13000 Strike – 11.98 Lakh
13100 Strike – 10.31 Lakh
Index has immediate resistance near 13300- 13350 range and if index crosses and sustains above
13350 level then may reach 13450 – 13500 range.
Index has immediate support near 13150 – 13100 range and if this support is broken then index may tank near 12950 – 12900 range.