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.