Midnifty Intraday Analysis for 7th January 2025

已更新

Index closed near 12695 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
13000 Strike – 7.09 Lakh
12800 Strike – 3.524 Lakh
12700 Strike – 2.40 Lakh

Put Writing
13000 Strike – 5.62 Lakh
12800 Strike – 4.64 Lakh
12700 Strike – 3.95 Lakh

Index has immediate resistance near 12800 – 12850 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.

Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12500 – 12450 range. If the Index doesn't bounce back from day low, another round of downside moment is expected due to fresh development of the HMPV threat.

交易结束：到达目标

Gap up opening and made high near 12865 then again fall with low near 12720 and closed near 12740.