Midnifty Intraday Analysis for 14th November 2024

Index closed near 12120 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
12500 Strike – 17.47 Lakh
12200 Strike – 8.86 Lakh
12400 Strike – 7.79 Lakh

Put Writing
12000 Strike – 8.06 Lakh
12200 Strike – 6.38 Lakh
11800 Strike – 5.99 Lakh

Index has immediate support near 12000 – 12950 range and if this support is broken then index may tank near 11800 – 11750 range.

Index has immediate resistance near 12225 - 12275 range and if index crosses and sustains above this level then may reach 12350 – 12400 range.

交易結束：目標達成

Traded in range between 12045 - 12125 with close near 12110.