Midnifty Intraday Analysis for 29th November 2024

Index closed near 12580 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
12600 Strike – 2.33 Lakh
13000 Strike – 2.08 Lakh
12700 Strike – 1.80 Lakh

Put Writing
12600 Strike – 2.25 Lakh
12500 Strike – 1.61 Lakh
12550 Strike – 0.81 Lakh

Index has immediate resistance near 12650 – 12700 range and if index crosses and sustains above this level then may reach 12850 – 12950 range.

Index has immediate support near 12450 – 12400 range and if this support is broken then index may tank near 12250 – 12200 range.

交易結束：目標達成

Open flat with low near 12550 and made high near 11660 with close near 12620.