Nifty MidCap Select Index
Short
Updated

Midnifty Intraday Analysis for 16th June 2025

55
NIFTY_MID_SELECT

Bearish Trend expected due to Israel Iran conflict in Middle east.

Midnifty has immediate support near 12775 – 12750 range and if this support is broken then index may tank near 12575 – 12550 range.

Index has immediate resistance near 13175 – 13200 range and if index crosses and sustains above this level then may reach 13350 – 13375 range.



Trade closed: target reached
Open flat then made low near 12870 then bounced and made high near 13125 and closed near 13110.

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