Midnifty Intraday Analysis for 22nd January 2025
NIFTY_MID_SELECT Index closed near 12015 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12500 Strike – 8.21 Lakh
12300 Strike – 5.49 Lakh
12400 Strike – 4.43 Lakh
Put Writing
12000 Strike – 7.36 Lakh
11800 Strike – 5.87 Lakh
11700 Strike – 2.74 Lakh
Index has immediate resistance near 12200 – 12250 range and if index crosses and sustains above this level then may reach 12350 – 12400 range.
Index has immediate support near 11850 – 11800 range and if this support is broken then index may tank near 11700 – 11650 range.
Volatility expected due uncertainty on the tariff imposition decision by the Trump Administration and any other unaccounted news.
Dagangan ditutup: sasaran tercapai
Open flat with high near 12055 then tank to low near 11790 then bounced and closed near 11920.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.