RKMAURYA

Finnifty Intraday Analysis for 9th May 2024

NSE:CNXFINANCE   Nifty Financial Services Index
CNXFINANCE

Maximum Call writing is at 21600 strike with 11.60 Lakh followed by 10.73 Lakh Call at 21500 Strike and 6.83 Lakh at 21400 strike. Maximum Put writing is at 13.13 Lakh at 20500 strike followed by 7.21 Lakh Put writing at 20900 strike and 6.09 Lakh at 20800 strike. Index closed near 21095 level.

Index has support near 20975 level and if this support is broken then index may reach near 20825 - 20800 level and if this support broken then may tank to 20650 level.

Index may face resistance near 21225 - 21300 level and less likely to go beyond 21350 level.

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