Midnifty Intraday Analysis for 05th September 2024

Index closed near 13220 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
13200 Strike – 13.11 Lakh
13500 Strike – 8.90 Lakh
13300 Strike – 8.20 Lakh

Put Writing
13200 Strike – 14.62 Lakh
13100 Strike – 8.63 Lakh
13000 Strike – 7.55 Lakh

Index has immediate resistance near 13275 - 13250 range and if index crosses and sustain above 13275 level then may reach 13450 – 13500 range.

Index has immediate support near 13150 – 13100 range and if this support is broken then index may tank near 12850 – 12800 range.

交易結束：目標達成

Gap up opening and made low near 13235 again bounced with high near 13300.