Midnifty Intraday Analysis for 9th August 2024NSE:NIFTY_MID_SELECT
Index closed near 12525 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 20.56 Lakh
12500 Strike – 11.99 Lakh
12600 Strike – 9.61 Lakh
Put Writing
12200 Strike – 15.37 Lakh
12500 Strike – 13.31 Lakh
12400 Strike – 9.57 Lakh
Index has immediate resistance near 12600 - 12625 range and if index crosses and sustain above 12625 level then may reach near 12775 level and if sustain above that then reach near 13000.
Index has immediate support near 12400 – 12350 range and if this support is broken then index may tank near 12200 – 12000 range.
NIFTY_MID_SELECT trade ideas
Midnifty Intraday Analysis for 8th August 2024NSE:NIFTY_MID_SELECT
Index closed near 12565 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12500 Strike – 9.71 Lakh
12700 Strike – 6.52 Lakh
12500 Strike – 5.31 Lakh
Put Writing
12500 Strike – 12.64 Lakh
12200 Strike – 11.56 Lakh
12300 Strike – 7.41 Lakh
Index has immediate resistance near 12600 - 12625 range and if index crosses and sustain above 12625 level then may reach near 12775 level and if sustain above that then reach near 13000.
Index has immediate support near 12450 – 12350 range and if this support is broken then index may tank near 12200 – 12000 range.
Midcap nifty select trades and targets - 9/8/24Hello 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.
Midcap nifty select trades and targets- 8/8/24Hello 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 7th August 2024NSE:NIFTY_MID_SELECT
Index closed near 12250 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12500 Strike – 7.54 Lakh
12400 Strike – 6.05 Lakh
12800 Strike – 5.32 Lakh
Put Writing
12000 Strike – 6.57 Lakh
12300 Strike – 5.71 Lakh
12200 Strike – 4.74 Lakh
Index has immediate support near 12100 – 12000 range and if this support is broken then index may tank near 11800 – 11700 range.
Index has immediate resistance near 12425 range and if index crosses and sustain above 12475 level then may reach near 12600 level.
Midnifty Intraday Analysis for 6th August 2024NSE:NIFTY_MID_SELECT
Index closed near 12295 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12700 Strike – 3.05 Lakh
12800 Strike – 3.02 Lakh
12300 Strike – 2.77 Lakh
Put Writing
11500 Strike – 4.30 Lakh
12300 Strike – 3.90 Lakh
12000 Strike – 3.19 Lakh
Index has immediate support near 12100 – 12000 range and if this support is broken then index may tank near 11800 – 11700 range.
Index has immediate resistance near 12425 range and if index crosses and sustain above 12475 level then may reach near 12600 level. Upside moment is less likely to happen.
Midcap nifty select trades and targets- 7/8/24Hello 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.
Latest Mid cap Analysis - 6/8/24Hello Everyone. The market was in a very tight range the today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. If we do trades in between these zones premium eating will happen and we end up seeing losses.
Midcap sensing big fallMidcap select index is loosing strength now. if it’s not able to sustain above 12770. The news down level targets are 12150 11600. If not able to defend 11600. Bounces will come but final levels are intact. Next big doors will be opened till 9800 which is 50% fibo retracement since 1 year stiff rise. Will keep updating here.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Midnifty Intraday Analysis for 5th August 2024NSE:NIFTY_MID_SELECT
Index closed near 12625 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 47.03 Lakh
12900 Strike – 33.24 Lakh
12800 Strike – 23.25 Lakh
Put Writing
12500 Strike – 21.50 Lakh
12400 Strike – 17.41 Lakh
12600 Strike – 16.53 Lakh
Index has immediate resistance near 12780 – 12880 range and if index crosses and sustain above 12900 level then may reach near 13200 level.
Index has immediate support near 12450 – 12350 range and if this support is broken then index may tank near 12150 – 12000 range.
NIFTY MID SELECT FOR 05 AUG#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
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Midnifty Intraday Analysis for 01st August 2024Index closed near 12945 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 7.70 Lakh
12900 Strike – 7.35 Lakh
12800 Strike – 5.37 Lakh
Put Writing
12800 Strike – 11.63 Lakh
12900 Strike – 9.36 Lakh
12700 Strike – 5.63 Lakh
Index has immediate resistance near 12975 – 13025 range and if index crosses and sustain above 13025level then may reach near 13200 level.
Index has immediate support near 12820 – 12775 range and if this support is broken then index may tank near 12650 – 12600 range.
NIFTY MID SELECT FOR 01 AUG#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
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Midcap Nifty trades and targets - 1/8/24Hello Everyone. The market was in a very tight range the today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in blue are previous resistance and support so book profits at these zones. 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.
Midnifty Intraday Analysis for 31st July 2024NSE:NIFTY_MID_SELECT
Index closed near 12870 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12800 Strike – 7.75 Lakh
13000 Strike – 4.47 Lakh
12900 Strike – 5.17 Lakh
Put Writing
12800 Strike – 10.41 Lakh
12500 Strike – 7.72 Lakh
12700 Strike – 5.55 Lakh
Index has immediate resistance near 12875 – 12925 range and if index crosses and sustain above 12925 level then may reach near 13000 level.
Index has immediate support near 12750 – 12700 range and if this support is broken then index may tank near 12350 – 12300 range.
Midcap Nifty trades and targets - 31/7/24Hello everyone. We shall start a new thing from today. Draw previous high and low and support and resistance first. Look for trades at the high and low. Check what happened previous day at the same point and try to take trades as per it. At support always look for CE trades and at resistance look for Pe trades. Keep one thing in mind always, most of the good moves happen at previous day high or low. Trade with a plan and wait for the market to come to you not the other way round.
Midnifty Intraday Analysis for 30th July 2024NSE:NIFTY_MID_SELECT
Index closed near 12805 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12800 Strike – 5.37 Lakh
13000 Strike – 5.17 Lakh
13200 Strike – 3.05 Lakh
Put Writing
12800 Strike – 6.86 Lakh
12700 Strike – 4.71 Lakh
12600 Strike – 2.55 Lakh
Index has immediate resistance near 12875 – 12925 range and if index crosses and sustain above 12925 level then may reach near 13000 level.
Index has immediate support near 12700 – 12650 range and if this support is broken then index may tank near 12350 – 12300 range.
NIFTY MID SELECT FOR 31 Jul#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
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NIFTY MID SELECT FOR 30Jul#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
Midcap Nifty trades and targets - 30/7/24Hello 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 29th July 2024NSE:NIFTY_MID_SELECT
Index closed near 12685 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 28.90 Lakh
12900 Strike – 18.05 Lakh
12700 Strike – 15.15 Lakh
Put Writing
12400 Strike – 28.32 Lakh
12500 Strike – 19.45 Lakh
12600 Strike – 15.39 Lakh
Index has immediate resistance near 12700 – 12750 range and if index crosses and sustain above 12750 level then may reach near 13000 level.
Index has immediate support near 12550 – 12500 range and if this support is broken then index may tank near 12350 – 12300 range.
NIFTY MID CAP SELECT INDEX WEEKLY EXPIRY GANN ANALYSISIndex chart show the 45 minutes chart run up for the weekly expiry. We have a definite setup in Gann Analysis where and when to trade and where and when not to trade. trading decision nomenclature is depicted on chart. See the Birthzone area where the move starts. Also see the Deathzone level where we may fade out the move. Also watch the Momentum areas for Big trades. Where not to trade was the congestion formed around Momentum Level 1 small range at mid level above Birthzone. Today Trading zone is between 12625 and 12775 with breakout on either side. Watch out for fake outs for momentum trades if they happen. Trend decider Level is 12700.
Happy Trading !!!