Midnifty Intraday Analysis for 20th August 2026

42
NIFTY_MID_SELECT

The index is in the range of 14800 - 15000 and reversal is expected from either level as long as the range is not broken.

The upward movement may lead the Index near 15025 – 15050 resistance range and if the index crosses and sustains above this level then may reach 15200 – 15225 range.

On the contrary, The downward moment may drag the index to 14725 – 14675 support range and if this support is broken then index may tank near 14550 – 14525 range.
Trade closed: target reached
Gap up opening and made high near 14965 then drag to low near 14865 with close near 14875.

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