Midnifty Intraday Analysis for 28th November 2024NSE:NIFTY_MID_SELECT
Index closed near 12620 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
12600 Strike – 2.64 Lakh
13000 Strike – 1.98 Lakh
12500 Strike – 1.22 Lakh
Put Writing
12600 Strike – 3,02 Lakh
12500 Strike – 1.97 Lakh
12550 Strike – 0.77 Lakh
Index has immediate resistance near 12750 – 12800 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.
Index has immediate support near 12450 – 12400 range and if this support is broken then index may tank near 12250 – 12200 range.