Midnifty Intraday Analysis for 17th January 2025

16 בינו׳

NIFTY_MID_SELECT

Index closed near 12220 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
12500 Strike – 5.76 Lakh
12300 Strike – 3.15 Lakh
12200 Strike – 2.38 Lakh

Put Writing
12000 Strike – 6.98 Lakh
12100 Strike – 3.14 Lakh
11200 Strike – 2.21 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.

17 בינו׳

עסקה סגורה: היעד הושג

Open flat and traded in range 12150 to 12290 and closed near 12260.