Midnifty Intraday Analysis for 30th October 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
12400 Strike – 7.89 Lakh
12500 Strike – 7.71 Lakh
12600 Strike – 2.75 Lakh
Put Writing
12400 Strike – 9.25 Lakh
12300 Strike – 5.78 Lakh
12500 Strike – 5.42 Lakh
Index has immediate resistance near 12600 - 12650 range and if index crosses and sustains above this level then may reach 12800 – 12900 range.
Index has immediate support near 12400 – 12300 range and if this support is broken then index may tank near 12200 – 12100 range.
NIFTY_MID_SELECT trade ideas
Midcap nifty select trades and targets - 29/10/24Hello 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 29th October 2024NSE:NIFTY_MID_SELECT
Index closed near 12405 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12400 Strike – 5.70 Lakh
12500 Strike – 3.67 Lakh
12600 Strike – 1.91 Lakh
Put Writing
12400 Strike – 6.43 Lakh
12500 Strike – 2.09 Lakh
12300 Strike – 1.65 Lakh
Index has immediate resistance near 12550 - 12650 range and if index crosses and sustains above this level then may reach 12800 – 12900 range.
Index has immediate support near 12250 – 12200 range and if this support is broken then index may tank near 12050 – 12000 range.
Midnifty Intraday Analysis for 28th October 2024NSE:NIFTY_MID_SELECT
Index closed near 12320 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12700 Strike – 21.67 Lakh
12600 Strike – 19.00 Lakh
12500 Strike – 15.31 Lakh
Put Writing
12000 Strike – 25.38 Lakh
12300 Strike – 9.60 Lakh
12200 Strike – 9.25 Lakh
Index has immediate resistance near 12550 - 12650 range and if index crosses and sustains above this level then may reach 12800 – 12900 range.
Index has immediate support near 12150 – 12100 range and if this support is broken then index may tank near 11950 – 11900 range.
Midcap nifty select trades and targets - 28/10/24Hello 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 25th October 2024NSE:NIFTY_MID_SELECT
Index closed near 12570 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12700 Strike – 11.18 Lakh
12800 Strike – 10.57 Lakh
12600 Strike – 10.14 Lakh
Put Writing
12400 Strike – 9.91 Lakh
12500 Strike – 9.41 Lakh
12300 Strike – 7.30 Lakh
Index has immediate resistance near 12700 - 12750 range and if index crosses and sustains above this level then may reach 12900 – 13000 range.
Index has immediate support near 12400 – 12300 range and if this support is broken then index may tank near 12150 – 12100 range.
Midcap nifty select trades and targets - 25/10/24Hello 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 24th October 2024NSE:NIFTY_MID_SELECT
Index closed near 12535 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12700 Strike – 10.10 Lakh
12800 Strike – 9.31 Lakh
12600 Strike – 7.76 Lakh
Put Writing
12500 Strike – 10.04 Lakh
12400 Strike – 7.88 Lakh
12300 Strike – 7.17 Lakh
Index has immediate resistance near 12650 - 12750 range and if index crosses and sustains above this level then may reach 12900 – 13000 range.
Index has immediate support near 12300 – 12200 range and if this support is broken then index may tank near 12000 – 11900 range.
Midcap nifty select trades and targets - 24/10/24Hello 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. Let the market settle in first 15 to 30 minutes then look for directional trades.
Midnifty Intraday Analysis for 23rd October 2024NSE:NIFTY_MID_SELECT
Index closed near 12440 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12700 Strike – 11.98 Lakh
12600 Strike – 5.90 Lakh
12500 Strike – 5.59 Lakh
Put Writing
12400 Strike – 7.09 Lakh
12500 Strike – 6.98 Lakh
12300 Strike – 4.24 Lakh
Index has immediate resistance near 12650 - 12750 range and if index crosses and sustains above this level then may reach 12900 – 13000 range.
Index has immediate support near 12300 – 12200 range and if this support is broken then index may tank near 12000 – 11900 range.
Midcap nifty select trades and targets - 23/10/24Hello 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 22nd October 2024NSE:NIFTY_MID_SELECT
Index closed near 12695 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 9.08 Lakh
12800 Strike – 5.29 Lakh
12900 Strike – 5.05 Lakh
Put Writing
12700 Strike – 7.46 Lakh
12500 Strike – 5.45 Lakh
12600 Strike – 3.90 Lakh
Index has immediate resistance near 12900 - 13000 range and if index crosses and sustains above this level then may reach 13150 – 13200 range.
Index has immediate support near 12600 – 12500 range and if this support is broken then index may tank near 12400 – 12300 range.
Midnifty Intraday Analysis for 21st October 2024NSE:NIFTY_MID_SELECT
Index closed near 13035 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 27.60 Lakh
13500 Strike – 24.35 Lakh
13250 Strike – 18.54 Lakh
Put Writing
13000 Strike – 18.80 Lakh
12800 Strike – 16.56 Lakh
12900 Strike – 13.70 Lakh
Index has immediate resistance near 13150 - 13250 range and if index crosses and sustains above this level then may reach 13350 – 13400 range.
Index has immediate support near 12900 – 12950 range and if this support is broken then index may tank near 12800 – 12750 range.
Midnifty Intraday Analysis for 18th October 2024NSE:NIFTY_MID_SELECT
Index closed near 12990 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 19.99 Lakh
13500 Strike – 17.53 Lakh
13100 Strike – 14.95 Lakh
Put Writing
13000 Strike – 14.61 Lakh
12800 Strike – 8.81 Lakh
13100 Strike – 7.39 Lakh
Index has immediate resistance near 13150 - 13250 range and if index crosses and sustains above this level then may reach 13350 – 13400 range.
Index has immediate support near 12900 – 12950 range and if this support is broken then index may tank near 12800 – 12750 range.
Midcap nifty select trades and targets - 18/10/24Hello 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 17th October 2024NSE:NIFTY_MID_SELECT
Index closed near 13145 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 11.48 Lakh
13500 Strike – 9.15 Lakh
13100 Strike – 7.40 Lakh
Put Writing
13100 Strike – 10.57 Lakh
13000 Strike – 9.56 Lakh
12900 Strike – 5.72 Lakh
Index has immediate resistance near 13200 - 13250 range and if index crosses and sustains above this level then may reach 13350 – 13400 range.
Index has immediate support near 13050 – 13000 range and if this support is broken then index may tank near 12900 – 12850 range.
Midcap nifty select trades and targets - 17/10/24Hello 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 16th October 2024NSE:NIFTY_MID_SELECT
Index closed near 13105 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 8.56 Lakh
13200 Strike – 8.19 Lakh
13100 Strike – 7.04 Lakh
Put Writing
13100 Strike – 10.39 Lakh
13000 Strike – 8.61 Lakh
13200 Strike – 4.87 Lakh
Index has immediate resistance near 13200 - 13250 range and if index crosses and sustains above this level then may reach 13350 – 13400 range.
Index has immediate support near 13050 – 13000 range and if this support is broken then index may tank near 12900 – 12850 range.
Midnifty Intraday Analysis for 15th October 2024NSE:NIFTY_MID_SELECT
Index closed near 13105 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 7.43 Lakh
13000 Strike – 6.71 Lakh
13100 Strike – 5.17 Lakh
Put Writing
13000 Strike – 7.73 Lakh
13100 Strike – 5.04 Lakh
12800 Strike – 3.47 Lakh
Index has immediate resistance near 13150 - 13200 range and if index crosses and sustains above this level then may reach 13350 – 13400 range.
Index has immediate support near 12950 – 12900 range and if this support is broken then index may tank near 12850 – 12800 range.
Midnifty Intraday Analysis for 14th October 2024NSE:NIFTY_MID_SELECT
Index closed near 12975 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 20.84 Lakh
13200 Strike – 20.58 Lakh
13100 Strike – 10.40 Lakh
Put Writing
12700 Strike – 16.61 Lakh
12800 Strike – 13.89 Lakh
12900 Strike – 12.98 Lakh
Index has immediate resistance near 13000 - 13100 range and if index crosses and sustains above this level then may reach 13250 – 13350 range.
Index has immediate support near 12850 – 12750 range and if this support is broken then index may tank near 12650 – 12600 range.
Midcap nifty select trades and targets - 13/10/24Hello 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.
Midcap nifty good rising pattern till 14000Midcap nifty select is trading in good rising channel. Recently took strong support at 12600 levels. Ones it breaks and close above 13k it can rise another 1000 point easily. Keep in radar for positional view till Nov Dec 2024.
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.
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