Midnifty Intraday Analysis for 12th July 2024

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NIFTY_MID_SELECT

Maximum Call writing near CMP is at 12400 strike with 10.78 Lakh followed by 10.75 Lakh at 12500 Strike and 9.25 Lakh at 12700 strike and Put writing of 10.83 Lakh at 12400 Strike followed by 8.69 Lakh at 12300 Strike and 5.45 Lakh at 12200 strike. Index is closed near 12425 level.

Index has resistance near 12450 - 12500 level and if index crosses and sustain above 12550 level then may reach near 12700 – 12750 range.

Index has immediate support near 12200 - 12150 range and if this support is broken then index may tank near 12000 level.

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أغلقت الصفقة: تم الوصول للهدف

Gap up opening but could not cross 12500 resistance and closed near 12450 support.