Midnifty Intraday Analysis for 31st January 2025NSE:NIFTY_MID_SELECT
Index closed near 11795 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
12500 Strike – 1.22 Lakh
12000 Strike – 1.10 Lakh
11800 Strike – 0.86 Lakh
Put Writing
11500 Strike – 2.54 Lakh
10500 Strike – 1.38 Lakh
11000 Strike – 1.30 Lakh
Index has immediate resistance near 11975 – 12025 range and if index crosses and sustains above this level then may reach 12125 – 12175 range.
Index has immediate support near 11700 – 11650 range and if this support is broken then index may tank near 11550– 11500 range.
NIFTY_MID_SELECT trade ideas
Midcap nifty select trades and targets - 31/1/25Hello 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 30th January 2025NSE:CNXFINANCE
Index closed near 11870 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12200 Strike – 25.54 Lakh
12200 Strike – 12.10 Lakh
12300 Strike – 11.12 Lakh
Put Writing
11500 Strike – 9.21 Lakh
11600 Strike – 9.11 Lakh
11800 Strike – 7.54 Lakh
Index has immediate resistance near 11975 – 12025 range and if index crosses and sustains above this level then may reach 12125 – 12175 range.
Index has immediate support near 11750 – 11700 range and if this support is broken then index may tank near 11625– 11575 range.
Midcap nifty select trades and targets - 30/1/25Hello 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. 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. Look for hero zero trades after 2.00 P.m. and use 10% capital for this trade.
Midnifty Intraday Analysis for 29th January 2025NSE:NIFTY_MID_SELECT
Index closed near 11645 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12000 Strike – 13.53 Lakh
11900 Strike – 7.54 Lakh
11800 Strike – 6.46 Lakh
Put Writing
11600 Strike – 9.49 Lakh
11500 Strike – 7.35 Lakh
11400 Strike – 6.33 Lakh
Index has immediate resistance near 11800 – 11850 range and if index crosses and sustains above this level then may reach 11900 – 11950 range.
Index has immediate support near 11550 – 11500 range and if this support is broken then index may tank near 11350– 11300 range.
Midnifty Intraday Analysis for 28th January 2025NSE:NIFTY_MID_SELECT
Index closed near 11720 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12000 Strike – 11.96 Lakh
11900 Strike – 6.48 Lakh
11800 Strike – 5.08 Lakh
Put Writing
11500 Strike – 9.06 Lakh
11800 Strike – 6.53 Lakh
11400 Strike – 6.17 Lakh
Index has immediate resistance near 11900 – 11950 range and if index crosses and sustains above this level then may reach 12050 – 12100 range.
Index has immediate support near 11650 – 11600 range and if this support is broken then index may tank near 11350– 11300 range.
Midnifty Intraday Analysis for 27th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12090 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12200 Strike – 7.12 Lakh
12100 Strike – 5.06 Lakh
12000 Strike – 5.02 Lakh
Put Writing
12000 Strike – 6.91 Lakh
12100 Strike – 5.38 Lakh
12200 Strike – 4.94 Lakh
Index has immediate resistance near 12250 – 12300 range and if index crosses and sustains above this level then may reach 12450 – 12500 range.
Index has immediate support near 12000 – 11950 range and if this support is broken then index may tank near 11800– 11750 range.
Midcap nifty select trades and targets - 27/1/25Hello 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 24th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12175 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12200 Strike – 5.81 Lakh
12300 Strike – 5.59 Lakh
12400 Strike – 4.58 Lakh
Put Writing
12000 Strike – 5.97 Lakh
12200 Strike – 4.53 Lakh
12100 Strike – 3.92 Lakh
Index has immediate resistance near 12350 – 12400 range and if index crosses and sustains above this level then may reach 12550 – 12600 range.
Index has immediate support near 11050 – 12000 range and if this support is broken then index may tank near 11850– 11800 range.
Midnifty Intraday Analysis for 23rd January 2025NSE:NIFTY_MID_SELECT
Index closed near 11920 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12000 Strike – 7.98 Lakh
12200 Strike – 4.91 Lakh
12100 Strike – 3.54 Lakh
Put Writing
11800 Strike – 6.93 Lakh
12000 Strike – 6.76 Lakh
11900 Strike – 3.77 Lakh
Index has immediate resistance near 12150 – 12200 range and if index crosses and sustains above this level then may reach 12350 – 12400 range.
Index has immediate support near 11850 – 11800 range and if this support is broken then index may tank near 11700 – 11650 range.
Midnifty Intraday Analysis for 22nd January 2025NSE:NIFTY_MID_SELECT
Index closed near 12015 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12500 Strike – 8.21 Lakh
12300 Strike – 5.49 Lakh
12400 Strike – 4.43 Lakh
Put Writing
12000 Strike – 7.36 Lakh
11800 Strike – 5.87 Lakh
11700 Strike – 2.74 Lakh
Index has immediate resistance near 12200 – 12250 range and if index crosses and sustains above this level then may reach 12350 – 12400 range.
Index has immediate support near 11850 – 11800 range and if this support is broken then index may tank near 11700 – 11650 range.
Volatility expected due uncertainty on the tariff imposition decision by the Trump Administration and any other unaccounted news.
Midnifty Intraday Analysis for 21st January 2025NSE:NIFTY_MID_SELECT
Index closed near 12355 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12500 Strike – 6.66 Lakh
12400 Strike – 4.26 Lakh
12300 Strike – 3.25 Lakh
Put Writing
12000 Strike – 9.16 Lakh
12100 Strike – 3.65 Lakh
12500 Strike – 3.67 Lakh
Index has immediate resistance near 12500 – 12550 range and if index crosses and sustains above this level then may reach 12650 – 12700 range.
Index has immediate support near 12150 – 12100 range and if this support is broken then index may tank near 11950 – 11900 range.
High volatility expected due uncertainty on what will say in his first presidential speech and which executive order President Trump will sign after assuming the Oval office.
Midnifty Intraday Analysis for 20th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12250 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12500 Strike – 6.54 Lakh
12300 Strike – 3.53 Lakh
12200 Strike – 3.38 Lakh
Put Writing
12000 Strike – 8.39 Lakh
11800 Strike – 4.80 Lakh
12200 Strike – 3.74 Lakh
Index has immediate resistance near 12325 – 12375 range and if index crosses and sustains above this level then may reach 12500 – 12550 range.
Index has immediate support near 12100 – 12050 range and if this support is broken then index may tank near 11900 – 11850 range.
It is expected that the Index will open with flat to negative sentiment and close red on Monday before Trump assumes office.
NIFTY MIDCAP Select - Swing SHORT Nifty Midcap Select index made high on 16th Sep 2024 and then declined about 10% over the following 8 weeks. Uncharacteristic of pullbacks in the current bull run that started from Apr'2023, this decline was longer, printed 3 wide range weekly RED candles and also sustained below 100 day EMA or 20 Week EMA.
The subsequent rally from mid-nov to mid-dec, though strong, did not have broader participation. The number of stocks above 100 D SMA went down from 80% on 16th Sep to 44% on 17th Dec (recent high).
Now, with sharp decline on 20th Dec'24, odds weigh strongly in favour of bears towards move to bottom end of the falling channel range which presents a SHORT trade opportunity for the next few weeks.
Shared for learning purposes.
Midnifty Intraday Analysis for 17th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12220 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12500 Strike – 5.76 Lakh
12300 Strike – 3.15 Lakh
12200 Strike – 2.38 Lakh
Put Writing
12000 Strike – 6.98 Lakh
12100 Strike – 3.14 Lakh
11200 Strike – 2.21 Lakh
Index has immediate resistance near 12325 – 12375 range and if index crosses and sustains above this level then may reach 12500 – 12550 range.
Index has immediate support near 12100 – 12050 range and if this support is broken then index may tank near 11900 – 11850 range.
Midnifty Intraday Analysis for 16th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12135 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12000 Strike – 2.93 Lakh
12300 Strike – 2.81 Lakh
12200 Strike – 2.30 Lakh
Put Writing
12000 Strike – 7.95 Lakh
12100 Strike – 2.78 Lakh
11800 Strike – 2.21 Lakh
Index has immediate resistance near 12275 – 12325 range and if index crosses and sustains above this level then may reach 12400 – 12450 range.
Index has immediate support near 11950 – 11900 range and if this support is broken then index may tank near 11800 – 11750 range.
Midnifty Intraday Analysis for 15th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12060 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12000 Strike – 4.26 Lakh
12300 Strike – 2.73 Lakh
12200 Strike – 1.78 Lakh
Put Writing
12000 Strike – 6.98 Lakh
11800 Strike – 2.46 Lakh
11900 Strike – 2.03 Lakh
Index has immediate resistance near 12200 – 12250 range and if index crosses and sustains above this level then may reach 12400 – 12450 range.
Index has immediate support near 11900 – 11850 range and if this support is broken then index may tank near 11700 – 11650 range.
Midnifty Intraday Analysis for 14th January 2025NSE:NIFTY_MID_SELECT
Index closed near 11815 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12000 Strike – 2.83 Lakh
12200 Strike – 1.88 Lakh
12100 Strike – 1.76 Lakh
Put Writing
12000 Strike – 6.23 Lakh
11800 Strike – 2.23 Lakh
12100 Strike – 2.07 Lakh
Index has immediate resistance near 11900 – 11950 range and if index crosses and sustains above this level then may reach 12050 – 12100 range.
Index has immediate support near 11700 – 11650 range and if this support is broken then index may tank near 11550 – 11500 range.
Midnifty Intraday Analysis for 13th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12285 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12500 Strike – 4.06 Lakh
12400 Strike – 1.46 Lakh
12300 Strike – 1.40 Lakh
Put Writing
12500 Strike – 4.82 Lakh
12300 Strike – 2.81 Lakh
12400 Strike – 2.35 Lakh
Index has immediate resistance near 12375 – 12425 range and if index crosses and sustains above this level then may reach 12650 – 12700 range.
Index has immediate support near 12175 – 12125 range and if this support is broken then index may tank near 12025 – 11925 range. Gap down opening expected in anticipation of slow down in rate cut in US due to good employment data released on Friday evening.
Midnifty Intraday Analysis for 10th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12480 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12600 Strike – 3.19 Lakh
12700 Strike – 2.77 Lakh
12500 Strike – 2.52 Lakh
Put Writing
12500 Strike – 4.73 Lakh
12600 Strike – 2.40 Lakh
12700 Strike – 2.26 Lakh
Index has immediate resistance near 12600 – 12650 range and if index crosses and sustains above this level then may reach 12750 – 12800 range.
Index has immediate support near 12350 – 12300 range and if this support is broken then index may tank near 12200 – 12150 range.
Midnifty Intraday Analysis for 9th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12560 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12500 Strike – 2.41 Lakh
12700 Strike – 2.38 Lakh
12600 Strike – 2.34 Lakh
Put Writing
12500 Strike – 4.62 Lakh
12700 Strike – 2.69 Lakh
12600 Strike – 2.51 Lakh
Index has immediate resistance near 12650 – 12700 range and if index crosses and sustains above this level then may reach 12800 – 12850 range.
Index has immediate support near 12425 – 12375 range and if this support is broken then index may tank near 12200 – 12150 range.
Midnifty Intraday Analysis for 8th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12740 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
13000 Strike – 7.19 Lakh
12800 Strike – 4.95 Lakh
12700 Strike – 2.07 Lakh
Put Writing
12800 Strike – 5.24 Lakh
13000 Strike – 4.88 Lakh
12700 Strike – 2.87 Lakh
Index has immediate resistance near 12800 – 12850 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.
Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12500 – 12450 range.
Midnifty Intraday Analysis for 7th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12695 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
13000 Strike – 7.09 Lakh
12800 Strike – 3.524 Lakh
12700 Strike – 2.40 Lakh
Put Writing
13000 Strike – 5.62 Lakh
12800 Strike – 4.64 Lakh
12700 Strike – 3.95 Lakh
Index has immediate resistance near 12800 – 12850 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.
Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12500 – 12450 range. If the Index doesn't bounce back from day low, another round of downside moment is expected due to fresh development of the HMPV threat.