Banknifty Intraday Analysis for 13th September 2024
BANKNIFTY Index closed near 51770 level and Maximum Call and Put Writing near CMP as below in current
weekly contract:
Call Writing
52000 Strike – 16.55 Lakh
53000 Strike – 14.53 Lakh
51500 Strike – 11.29 Lakh
Put Writing
51000 Strike – 18.90 Lakh
50500 Strike – 13.56 Lakh
51500 Strike – 13.39 Lakh
Index has resistance near 52000 – 52100 range and if index crosses and sustains above 52100 level then may reach near 52500 – 52600 range.
Index has immediate support near 51500 – 51400 range and if this support is broken then index may tank near 51000 - 50900 range.
Trade closed: target reached
Gap up opening and made low near 51645 and bounced and made high near 51995 and closed near 51895.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.