Nifty MidCap Select IndexAggiornato

Midnifty Intraday Analysis for 03rd February 2025

NIFTY_MID_SELECT

Index closed near 11865 level and Maximum Call and Put Writing near CMP as below in February Month contract:

Call Writing
12500 Strike – 5.46 Lakh
12000 Strike – 4.23 Lakh
11800 Strike – 1.95 Lakh

Put Writing
11500 Strike – 3.99 Lakh
11800 Strike – 3.06 Lakh
12000 Strike – 2.43 Lakh

Index has immediate resistance near 12000 – 12050 range and if index crosses and sustains above this level then may reach 12175 – 12225 range.

Index has immediate support near 11700 – 11650 range and if this support is broken then index may tank near 11550– 11500 range.

Volatility expected due to escalation of tariff war by the Trump Administration.
Trade chiuso: obiettivo raggiunto
Gap down opening and further made low near 11610 then bounced to high near 11840 with close near 11825.

Declinazione di responsabilità