Midnifty Intraday Analysis for 6th December 2024

Index closed near 12935 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
13000 Strike – 4.86 Lakh
13300 Strike – 2.96 Lakh
13200 Strike – 1.64 Lakh

Put Writing
13000 Strike – 2.38 Lakh
12700 Strike – 1.72 Lakh
12900 Strike – 1.63 Lakh

Index has immediate resistance near 13000 – 13050 range and if index crosses and sustains above this level then may reach 13150 – 13200 range.

Index has immediate support near 12800 – 12750 range and if this support is broken then index may tank near 12650 – 12600 range.

High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.

トレード終了: 利益確定目標に到達

Gap up opening and traded in range between 12985 - 12910 with close near 12960.