Midnifty Intraday Analysis for 9th January 2025

Index closed near 12560 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
12500 Strike – 2.41 Lakh
12700 Strike – 2.38 Lakh
12600 Strike – 2.34 Lakh

Put Writing
12500 Strike – 4.62 Lakh
12700 Strike – 2.69 Lakh
12600 Strike – 2.51 Lakh

Index has immediate resistance near 12650 – 12700 range and if index crosses and sustains above this level then may reach 12800 – 12850 range.

Index has immediate support near 12425 – 12375 range and if this support is broken then index may tank near 12200 – 12150 range.

交易结束：到达目标

Open flat and made high near 12660 then tank to low near 12460 with close near 12480.