Midnifty Intraday Analysis for 3rd December 2024

Index closed near 12725 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
12700 Strike – 2.42 Lakh
12600 Strike – 1.81 Lakh
12800 Strike – 1.76 Lakh

Put Writing
12600 Strike – 3.32 Lakh
12700 Strike – 2.72 Lakh
12500 Strike – 2.67 Lakh

Index has immediate resistance near 12800 – 12850 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.

Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12500 – 12450 range.

交易結束：目標達成

Gap up opening with low near 12735 and made high near 12820 with close near 12815.