Midnifty Intraday Analysis for 26th July 2024

Index closed near 12420 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
12400 Strike – 16.77 Lakh
12500 Strike – 13.92 Lakh
12600 Strike – 7.58 Lakh

Put Writing
12400 Strike – 17.22 Lakh
12200 Strike – 13.61 Lakh
12300 Strike – 9.64 Lakh

Index has resistance near 12500 – 12600 range and if index crosses and sustain above 12600 level then may reach near 12700 – 12750 range.

Index has immediate support near 12300 level and if this support is broken then index may tank near 12100 – 12000 range.

交易結束：目標達成

Open flat and broked 12600 resistance level and closed near 12700 resistance level.