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RKMAURYA

Finnifty Intraday Analysis for 9th May 2024

Nifty Financial Services Index (NSE:CNXFINANCE)  
RKMAURYA Updated   
NSE:CNXFINANCE   Nifty Financial Services Index
Support and Resistance Supply and Demand Trend Lines
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supportandresistance supplyanddemand trendline
CNXFINANCE

Maximum Call writing is at 22000 strike with 7.51 Lakh followed by 5.24 Lakh Call at 21500 Strike and 4.52 Lakh at 21600 strike. Maximum Put writing is at 2.92 Lakh at 21500 strike followed by 2.58 Lakh Put writing at 21400 strike and 2.20 Lakh at 21450 strike. Index closed near 21425 level.

Index is facing resistance near 21550 – 21600 level and if index crosses and sustain above 21600 level then index has potential to reach near 21800 level.

Index has strong support near 21350 - 21300 level and less likely to go below 21225 level.
Trade closed: target reached:
Open flat then tanked low near near 21075 level breaking 22225 support.
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