Midnifty Intraday Analysis for 20th January 2025

Index closed near 12250 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
12500 Strike – 6.54 Lakh
12300 Strike – 3.53 Lakh
12200 Strike – 3.38 Lakh

Put Writing
12000 Strike – 8.39 Lakh
11800 Strike – 4.80 Lakh
12200 Strike – 3.74 Lakh

Index has immediate resistance near 12325 – 12375 range and if index crosses and sustains above this level then may reach 12500 – 12550 range.

Index has immediate support near 12100 – 12050 range and if this support is broken then index may tank near 11900 – 11850 range.

It is expected that the Index will open with flat to negative sentiment and close red on Monday before Trump assumes office.

交易結束：目標達成

Gap up opening then tanked to low near 12170 and again bounced to high near 12390 and closed near 12355.