Nifty MidCap Select Index
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Midnifty Intraday Analysis for 29th August 2025

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NIFTY_MID_SELECT

Index has immediate resistance near 12675 – 12700 range and if index crosses and sustains above this level then may reach 12800 – 12825 range.

Midnifty has immediate support near 12425 – 12400 range and if this support is broken then index may tank near 12300 – 12275 range.

Volatility expected due to low carry forward OI in September’25 Monthly F&O Contracts with limited upside moment on weekly close.
Trade fechado: objetivo atingido
Open flat and made high near 12630 then tank to low near 12430 and closed near 12450.

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