Nifty Bank IndexUpdated Banknifty Intraday Analysis for 10th July 2024
BANKNIFTY Maximum Call writing near CMP is at 52500 strike with 41.70 Lakh followed by 40.58 Lakh at 53000 Strike and 32.40 Lakh at 53500 strike and Put writing of 29.79 Lakh at 52500 Strike followed by 22.98 Lakh at 52000 Strike and 20.10 Lakh at 51500 strike. Index is closed near 52570 level.
Index has resistance near 52700 - 52800 range and if index crosses and sustain above 52800 level then may reach near 53100 - 53300 range. If Index crosses and sustain above 53300 level, then may reach near 53500 level.
Index has immediate support near 52250 - 52000 level and if this support is broken then index may tank near 51850 – 51800 range.
Trade closed: target reached
Open fla then tanked to low near 52070 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer
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