Nifty MidCap Select Index
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Midnifty Intraday Analysis for 19th July 2024

144
NIFTY_MID_SELECT

Index closed near 12475 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
13000 Strike – 22.05 Lakh
12500 Strike – 18.82Lakh
12600 Strike – 13.13 Lakh

Put Writing
12100 Strike – 9.88 Lakh
12400 Strike – 9.44 Lakh
12500 Strike – 9.38 Lakh

Index has resistance near 12600 level and if index crosses and sustain above 12625 level then may reach near 12700 – 12750 range.

Index has immediate support near 12400 - 12350 range and if this support is broken then index may tank near 12200 level.
Trade chiuso: obiettivo raggiunto
Open flat and broked 12350 and 12200 support level and closed near 12175 level.

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