Midnifty Intraday Analysis for 20th August 2024

已更新

Index closed near 12730 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
13200 Strike – 5.79 Lakh
13000 Strike – 3.67 Lakh
12800 Strike – 3.38 Lakh

Put Writing
12500 Strike – 4.38 Lakh
12700 Strike – 3.60 Lakh
12800 Strike – 2.70 Lakh

Index has immediate resistance near 12800 - 12825 range and if index crosses and sustain above 12825 level then may reach near 13000.

Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12450 – 12400 range.

交易結束：目標達成

Gap up opening and closed above 12825 resistance level.