Midnifty Intraday Analysis for 28th August 2024

Index closed near 13080 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
13100 Strike – 9.59 Lakh
13500 Strike – 8.14 Lakh
13200 Strike – 4.68 Lakh

Put Writing
13000 Strike – 7.46 Lakh
13100 Strike – 7.12 Lakh
12800 Strike – 5.28 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 13000 – 12950 range and if this support is broken then index may tank near 12850 – 12800 range.

交易結束：目標達成

Open flat with low near 13015 then bounced and made high near 13140 with close near 13075.