Nifty MidCap Select Index
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Midnifty Intraday Analysis for 28th April 2025

37
NIFTY_MID_SELECT

Index closed near 11970 level and Maximum Call and Put Writing near CMP as below in April Month contract:

Call Writing
12000 Strike – 2.14 Lakh
12500 Strike – 1.64 Lakh
12300 Strike – 1.15 Lakh

Put Writing
12000 Strike – 2.69 Lakh
12300 Strike – 1.02 Lakh
12200 Strike – 0.61 Lakh

Index has immediate resistance near 12150 – 12200 range and if index crosses and sustains above this level then may reach 12400 – 12450 range.

Index has immediate support near 11775 – 11725 range and if this support is broken then index may tank near 11600 – 11550 range.
Trade chiuso: obiettivo raggiunto
Gap up opening with low near 11980 and made high near 12210 and closed near 12200.

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