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RKMAURYA

Finnifty Intraday Analysis for 13th 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 near CMP is at 21500 strike with 14.62 Lakh followed by 12.22 Lakh Call at 21600 Strike and 10.92 Lakh at 21400 strike. Maximum Put writing is at 22.53 Lakh at 20500 strike followed by 9.09 Lakh Put writing at 20600 strike and 8.11 Lakh at 20700 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.
Trade closed: target reached:
Tanked to low near 20940 level then bounced and made high near 21285 level and closed above 22225 level.
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