Midnifty Intraday Analysis for 03rd October 2024

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NIFTY_MID_SELECT

Index closed near 13295 level and Maximum Call and Put Writing near CMP as below in current
weekly contract:

Call Writing
13300 Strike – 10.87 Lakh
13500 Strike – 4.68 Lakh
13400 Strike – 4.00 Lakh

Put Writing
13300 Strike – 12.73 Lakh
13300 Strike – 9.08 Lakh
13000 Strike – 8.99 Lakh

Index has immediate resistance near 13350 - 13400 range and if index crosses and sustains above this level then may reach 13450 – 13500 range.

Index has immediate support near 13200 – 13100 range and if this support is broken then index may tank near 12950 – 12900 range.
Trade geschlossen: Ziel wurde erreicht
Gap down opening with high near 13225 then tanked to low near 12890 with close near 12980.
Supply and DemandSupport and ResistanceTrend Lines

Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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