Nifty MidCap Select Index
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Midnifty Intraday Analysis for 24th January 2025

46
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.
Trade fermée: cible de profit atteinte
Open flat then tanked to low near 12030 then bounced with high near 12250 then again tanked to low near 12090.

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