RKMAURYA

Nifty Intraday Analysis for 17th May 2024

NSE:NIFTY   Nifty 50 Index
NIFTY

Highest Call writing of 30.88 Lakh at 22500 Strike followed by 23.39 Lakh at 22900 Strike and 21.82 Lakh at 22800 strike. Maximum Put writing of 31.22 Lakh at 22000 Strike followed by 26.87 Lakh at 22200 strike and 20.59 Lakh at 22300 Strike. Index closed near 22400 level.

Index has resistance near 22500 level and if index crosses and sustain above 22550 then index may reach near 22750 level.

Index has strong support near 22300 - 22250 level and if this support of 22225 support is broken then index may reach near 22050 level.

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