Midnifty Intraday Analysis for 13th January 2025

Index closed near 12285 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
12500 Strike – 4.06 Lakh
12400 Strike – 1.46 Lakh
12300 Strike – 1.40 Lakh

Put Writing
12500 Strike – 4.82 Lakh
12300 Strike – 2.81 Lakh
12400 Strike – 2.35 Lakh

Index has immediate resistance near 12375 – 12425 range and if index crosses and sustains above this level then may reach 12650 – 12700 range.

Index has immediate support near 12175 – 12125 range and if this support is broken then index may tank near 12025 – 11925 range. Gap down opening expected in anticipation of slow down in rate cut in US due to good employment data released on Friday evening.

交易結束：目標達成

Gap down opening with high near 12165 then further tanked to low near 11790 and closed near 11815.