Midnifty Intraday Analysis for 3rd September 2024

Index closed near 13150 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
13200 Strike – 6.60 Lakh
13300 Strike – 6.16 Lakh
13500 Strike – 5.75 Lakh

Put Writing
13200 Strike – 7.40 Lakh
12900 Strike – 4.57 Lakh
13100 Strike – 4.37 Lakh

Index has immediate resistance near 13200 - 13250 range and if index crosses and sustain above 13250 level then may reach 13450 – 13500 range.

Index has immediate support near 13100 – 12950 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 ande made high near 13240 but could not break 13250 resistance level.