Banknifty Intraday Analysis for 06th March 2025
BANKNIFTY Index closed near 48490 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
50000 Strike – 12.77 Lakh
49000 Strike – 11.93 Lakh 48500 Strike – 8.12 Lakh
Put Writing
48000 Strike – 11.47 Lakh
47000 Strike – 10.24 Lakh
48500 Strike – 7.48 Lakh
Index has resistance near 49000 – 49100 range and if index crosses and sustains above this level then may reach near 49500 – 49600 range.
Index has immediate support near 48100 - 48000 range and if this support is broken then index may tank near 47600 - 47500 range.
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.