Nifty MidCap Select Index
Long
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Midnifty Intraday Analysis for 27th August 2024

22
NIFTY_MID_SELECT

Index closed near 13060 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
13500 Strike – 5.29 Lakh
13100 Strike – 4.80 Lakh
13000 Strike – 3.37 Lakh

Put Writing
13100 Strike – 5.16 Lakh
13000 Strike – 4.17 Lakh
12800 Strike – 4.07 Lakh

Index has immediate resistance near 13100 - 13125 range and if index crosses and sustain above 13125 level then may reach 13200 – 13300 range.

Index has immediate support near 12950 – 12900 range and if this support is broken then index may tank near 12850 – 12800 range.
Trade fermée: cible de profit atteinte
Open flat and made high near 13120 but could not break 13125 resistance level and closed near 13075.

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