Nifty MidCap Select Index
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Midnifty Intraday Analysis for 23rd May 2025

48
NIFTY_MID_SELECT

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

Call Writing
13000 Strike – 9.35 Lakh
12800 Strike – 5.19 Lakh
12500 Strike – 4.94 Lakh

Put Writing
12500 Strike – 4.27 Lakh
12300 Strike – 3.95 Lakh
12600 Strike – 3.05 Lakh

Index has immediate resistance near 12650 – 12700 range and if index crosses and sustains above this level then may reach 12825 – 12875 range.

Index has immediate support near 12300 – 12250 range and if this support is broken then index may tank near 12100 – 12050 range.
Trade fermée: cible de profit atteinte
Gap up opening with low near 12465 and made high near 12620 and closed near 12590.

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