Midnifty Intraday Analysis for 20th January 2025

Zaktualizowano
NIFTY_MID_SELECT

Index closed near 12250 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
12500 Strike – 6.54 Lakh
12300 Strike – 3.53 Lakh
12200 Strike – 3.38 Lakh

Put Writing
12000 Strike – 8.39 Lakh
11800 Strike – 4.80 Lakh
12200 Strike – 3.74 Lakh

Index has immediate resistance near 12325 – 12375 range and if index crosses and sustains above this level then may reach 12500 – 12550 range.

Index has immediate support near 12100 – 12050 range and if this support is broken then index may tank near 11900 – 11850 range.

It is expected that the Index will open with flat to negative sentiment and close red on Monday before Trump assumes office.
Transakcja zamknięta: osiągnięto wyznaczony cel
Gap up opening then tanked to low near 12170 and again bounced to high near 12390 and closed near 12355.
Supply and DemandSupport and ResistanceTrend Lines

Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

Request for follow on X @rkmaurya_ra
Również na:

Wyłączenie odpowiedzialności