Banknifty Intraday Analysis for 01st October 2024
Updated
BANKNIFTY Index closed near 53835 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
54000 Strike – 27.72 Lakh
53500 Strike – 27.10 Lakh
54500 Strike – 25.55 Lakh
Put Writing
52000 Strike – 22.89 Lakh
52500 Strike – 22.07 Lakh
53000 Strike – 19.80 Lakh
Index has resistance near 53500 – 53600 range and if index crosses and sustains above 53600 level then may reach near 54000 – 54200 range.
Index has immediate support near 52600 – 52500 range and if this support is broken then index may tank near 52200 - 52000 range.
Order cancelled
Open flat and traded in narrow range.
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