Midnifty Intraday Analysis for 23rd January 2025

Index closed near 11920 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
12000 Strike – 7.98 Lakh
12200 Strike – 4.91 Lakh
12100 Strike – 3.54 Lakh

Put Writing
11800 Strike – 6.93 Lakh
12000 Strike – 6.76 Lakh
11900 Strike – 3.77 Lakh

Index has immediate resistance near 12150 – 12200 range and if index crosses and sustains above this level then may reach 12350 – 12400 range.

Index has immediate support near 11850 – 11800 range and if this support is broken then index may tank near 11700 – 11650 range.

交易結束：目標達成

Gap up opening with low near 11950 and made high near 12225 with close near 12175.