RKMAURYA

Banknifty Intraday Analysis for 13th June 2024

RKMAURYA Updated   
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY

Maximum Call writing near CMP is at 50000 strike with 14.00 Lakh followed by 7.83 Lakh at 51000 Strike and 7.60 Lakh at 50500 strike and Put writing of 9.88 Lakh at 50000 Strike followed by 7.29 Lakh at 49000 Strike and 6.19 Lakh at 49700 strike. Index is closed near 49895 level.

Index has resistance near 50250 level and if index crosses and sustain above 50250 level then may reach near 50500 - 50600 range. If index crosses 50600 level then may reach near 51000 level.

Index has immediate support near 49400 level and if this support is broken then index may tank near 49000 level.
Order cancelled:
Gap up opening but could not break 50250 resistance level and closed near 49990 level.

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