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

131
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.
Trade fermée: cible de profit atteinte
Open flat with high near 11790 then tank to low near 11560 and bounced again with close near 11650.

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