Midnifty Intraday Analysis for 31st July 2024

30 de jul.

NIFTY_MID_SELECT

Index closed near 12870 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
12800 Strike – 7.75 Lakh
13000 Strike – 4.47 Lakh
12900 Strike – 5.17 Lakh

Put Writing
12800 Strike – 10.41 Lakh
12500 Strike – 7.72 Lakh
12700 Strike – 5.55 Lakh

Index has immediate resistance near 12875 – 12925 range and if index crosses and sustain above 12925 level then may reach near 13000 level.

Index has immediate support near 12750 – 12700 range and if this support is broken then index may tank near 12350 – 12300 range.

31 de jul.

Trade fechado: objetivo atingido

Open flat and made high near 12970.