Midcap Nifty expiry trades and targets- 10/6/24Hello 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.
NIFTY_MID_SELECT trade ideas
Midnifty Intraday Analysis for 07th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 12000 strike with 16.54 Lakh followed by 14.24 Lakh at 11800 Strike and 13.27 Lakh at 11600 strike and Put writing of 12.09 Lakh at 11300 Strike followed by 8.08 Lakh at 11500 Strike and 7.84 Lakh at 11600 strike. Index is closed near 11590 level.
Index has resistance near 11670 – 11700 range and if index crosses and sustain above 10700 level then may reach near 11825 range and if crosses this level then may reach near 12000 level.
Index has immediate support near 10450 level and if this support is broken then index may tank near 11300 level.
Midnifty Intraday Analysis for 06th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 11500 strike with 5.18 Lakh followed by 3.76 Lakh at 11600 Strike and 3.12 Lakh at 11700 strike and Put writing of 3.72 Lakh at 11500 Strike followed by 3.00 Lakh at 11200 Strike and 2.67 Lakh at 11400 strike. Index is closed near 11455 level.
Index has resistance near 11600 level and if index crosses and sustain above 10650 level then may reach near 11825 - 11850 range and if crosses this level then may reach near 12000 level.
Index has immediate support near 10300 level and if this support is broken then index may tank near 11150 level.
Midnifty Intraday Analysis for 05th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 11000 strike with 4.52 Lakh followed by 4.11 Lakh at 11500 Strike and 2.48 Lakh at 12000 strike and Put writing of 4.98 Lakh at 11000 Strike followed by 2.47 Lakh at 11500 Strike and 1.43 Lakh at 11400 strike. Index is closed near 10840 level.
Index has immediate support near 10500 – 10450 range and if this support is broken then index may tank near 10050 – 10000 range.
Index has resistance near 11170 – 11300 range and if index crosses and sustain above 10300 level then may reach near 11450 – 11600 range.
Midnifty Intraday Analysis for 04th June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 13000 strike with 2.65 Lakh followed by 2.40 Lakh at 11700 Strike and 2.10L Lakh at 12000 strike and Put writing of 2.79 Lakh at 11700 Strike followed by 1.85 Lakh at 11000 Strike and 1.12 Lakh at 11200 strike. Index is closed near 11725 level. Volatility will be high due to General Election result on 4th June.
Market will be volatile on the General Election counting day and expected to open higher. Highest Call writing at 13000 level. Index may reach this level or cross it if 400+ seats secured by BJP.
Index has support near 11000. If BJP could not make government or marginal majority, then Index may tank to 11000 level or below it.
Midnifty Intraday Analysis for 03rd June 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 11500 strike with 12.16 Lakh followed by 10.20 Lakh at 11400 Strike and 8.55 Lakh at 11600 strike and Put writing of 23.70 Lakh at 11000 Strike followed by 7.93 Lakh at 11300 Strike and 7.11 Lakh at 11200 strike. Index is closed near 11360 level. Volatility will be high due to exit poll outcome and General Election result on 4th June.
Gap up opening expected above 11450 and if index crosses and sustain above 11500 range, then index may reach near 11600 level and if index crosses and sustain above 11625 level, then Index may reach near 11700 level. Profit booking expected on higher level in the last trading session due to election result on 4th June.
Index has support near 11300 - 11275 range and if this support is broken then index may tank to 11200 – 11100 range.
Midcap Nifty trades and targets- 3/6/24Hello Everyone. The market was bearish but gave opposite moves to take SL few times today. Previous support has turned to resistance now and vise versa. As market is opening after exit polls result it might be very volatile for first 30 minutes to 1 hour, avoid trading at this time. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points. Its expiry so trade if levels are broke an there are clear signals of any trade. If we try to trade in between zones then our SL will be hit and capital will be wiped out. Preserve your capital on expiry is the most important thing to do.
Midnifty Intraday Analysis for 31st May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 11400 strike with 5.57 Lakh followed by 5.41 Lakh at 11600 Strike and 5.32 Lakh at 11500 strike and Put writing of 4.23 Lakh at 11200 Strike followed by 3.86 Lakh at 11400 Strike and 3.41 Lakh at 11500 strike. Index is closed near 11340 level.
Index has resistance near 11425 - 11450 range and if index crosses and sustain above 11625 level then index may reach near 11700 level. If crosses and sustain above 11725 then Index may reach near 11800 level.
Index has support near 11300 level and if this support is broken then index may tank to 11200 – 11150 range.
Midcap Nifty trades and targets- 31/5/24Hello Everyone. The market was bearish but gave opposite moves to take SL few times today. Previous support has turned to resistance now and vise versa. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points.
Midnifty Intraday Analysis for 30th May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 11600 strike with 5.64 Lakh followed by 4.98 Lakh at 11700 Strike and 2.55 Lakh at 11500 strike and Put writing of 6.05 Lakh at 11600 Strike followed by 2.98 Lakh at 11500 Strike and 2.33 Lakh at 11500 strike. Index is closed near 11525 level.
Index has resistance near 11625 level and if index crosses and sustain above 11625 level then index may reach near 11700 level. If crosses and sustain above 11725 then Index may reach near 11800 level.
Index has support near 11440 level and if this support is broken then index may tank to 11350 level.
Midnifty Intraday Analysis for 29th May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 11600 strike with 5.16 Lakh followed by 4.07 Lakh at 11700 Strike and 1.79 Lakh at 11800 strike and Put writing of 5.95 Lakh at 11600 Strike followed by 2.51 Lakh at 11700 Strike and 2.15 Lakh at 11500 strike. Index is closed near 11580 level.
Index has resistance near 11625 level and if index crosses and sustain above 11625 level then index may reach near 11700 level. If crosses and sustain above 11725 then Index may reach near 11800 level.
Index has support near 11500 range and if this support is broken then index may tank to 11350 level.
Midnifty Intraday Analysis for 28th May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 11700 strike with 2.55 Lakh followed by 1.67 Lakh at 11800 Strike and 1.35 Lakh at 11900 strike and Put writing of 2.13 Lakh at 11600 Strike followed by 2.02 Lakh at 11700 Strike and 1.95 Lakh at 11500 strike. Index is closed near 11675 level.
Index has resistance near 11700 - 11725 level and if index crosses and sustain above 11750 level then index may reach near 11800 level. If crosses and sustain above 11825 then Index may reach near 11900 level.
Index has support near 11600 - 11500 range and if this support is broken then index may tank to 11350 level.
Midnifty Intraday Analysis for 27th May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing near CMP is at 11500 strike with 24.01 Lakh followed by 16.92 Lakh at 11600 Strike and 16.35 Lakh at 11700 strike and Put writing of 21.46 Lakh at 11400 Strike followed by 20.55 Lakh at 11300 Strike and 14.35 Lakh at 11200 strike. Index is closed near 11460 level.
Index has resistance near 11500 - 11525 level and if index crosses and sustain above 11560 level then index may reach near 11600 level.
Index has support near 11400 - 11300 range and if this support is broken then index may tank to 11200 level.
NIFTY MIDCAP SELECT WEEKLY EXPIRY GANN ANALYSIS 27 MAY 2024MidCap Select Index has completed one minute growth cycle from 11401 to 11515. Current range to watch is 11486 and 11444. Expansion possible till 11401 and 11515. Above it fake outs and break outs possible. This seems the monthly expiry so expect more volatility for today. The level of 11420 can be watch critically today.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.
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Midnifty Intraday Analysis for 24th May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 7.75 Lakh is at 11650 strike followed by 6.87 Lakh at 11400 Strike and 6.66 Lakh at 11500 strike and Put writing of 16.68 Lakh at 11300 Strike followed by 7.53 Lakh at 11400 Strike and 6.94 Lakh at 11200 strike. Index is closed near 11420 level.
Index has resistance near 11470 - 11500 level and if index crosses and sustain above 11525 level then index may reach near 11600 level.
Index has support near 11350 - 11300 range and if this support is broken then index may tank to 11200 level.
Midnifty Intraday Analysis for 23rd May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 7.69 Lakh is at 11300 strike followed by 5.96 Lakh at 11400 Strike and 4.44 Lakh at 11500 strike and Put writing of 12.79 Lakh at 11300 Strike followed by 3.53 Lakh at 11100 Strike and 3.31 Lakh at 11200 strike. Index is closed near 11355 level.
Index has resistance near 11400 level and if index crosses and sustain above 11400 level then index may reach near 11500 level.
Index has support near 11300 - 11270 range and if this support is broken then index may tank to 11200 level.
Midnifty Intraday Analysis for 22nd May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 6.07 Lakh is at 11300 strike followed by 3.76 Lakh at 11400 Strike and 2.68 Lakh at 11350 strike and Put writing of 7.24 Lakh at 11300 Strike followed by 3.37 Lakh at 11200 Strike and 3.00 Lakh at 11250 strike. Index is closed near 11340 level.
Index has strong resistance near 11350 level and if index crosses and sustain above 11375 level then index may reach near 11500 level.
Index has support near 11250 – 11200 range and if this support is broken then index may tank to 11100 level.
Midnifty Intraday Analysis for 21st May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 5.06 Lakh is at 11300 strike followed by 3.04 Lakh at 11500 Strike and 2.12 Lakh at 11350 strike and Put writing of 4.93 Lakh at 11300 Strike followed by 2.76 Lakh at 11100 Strike and 2.05 Lakh at 11200 strike. Index is closed near 11335 level.
Index may face resistance near 11350 level if crosses and sustain above 11375 level then index may reach near 11500 level.
Index has support near 11225 – 11180 level and if this support is broken then index may tank to 11100 level.
Midcap select continue buy on dip upside move will continue On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Midnifty Intraday Analysis for 17th May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 17.08 Lakh is at 11500 strike followed by 13.48 Lakh at 11300 Strike and 11.19 Lakh at 11400 strike and Put writing of 18.86 Lakh at 11000 Strike followed by 18.26L Lakh at 11200 Strike and 15.16 Lakh at 11100 strike. Index is closed near 11275 level.
Index may reach near 11325 level if crosses and sustain above 11325 level then index may reach near 11400 level and if sustain above 424 then reach near 11500 level.
Index has support near 11225 – 11180 level and if this support is broken then index may tank to 11100 level.
Midnifty Intraday Analysis for 16th May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 9.60 Lakh is at 11200 strike followed by 8.66 Lakh at 11400 Strike and 7.56L Lakh at 11300 strike and Put writing of 10.52 Lakh at 11100 Strike followed by 9.59 Lakh at 11000 Strike and 6.83 Lakh at 10900 strike. Index is closed near 11165 level.
Index may reach near 11200 - 11225 level if crosses and sustain above 11060 level and if crossed above 11250 level then reach near 11300 level.
Index has support near 11100 level and if this support is broken then index may tank to 11000 level.
Midnifty Intraday Analysis for 15th May 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 5.80 Lakh is at 11500 strike followed by 5.23 Lakh at 11200 Strike and 4.67 Lakh at 11100 strike and Put writing of 6.93 Lakh at 11100 Strike followed by 6.28 Lakh at 11000 Strike and 4.80 Lakh at 10900 strike. Index is closed near 11130 level.
Index may reach near 11200 - 11225 level if crosses and sustain above 11060 level and if crossed above 11250 level then reach near 11300 level.
Index has support near 11025 - 1100 level and if this support is broken then index may tank to 10950 level.