Nifty Bank IndexUpdated Banknifty Intraday Analysis for 28th June 2024
BANKNIFTY Maximum Call writing near CMP is at 53000 strike with 31.81 Lakh followed by 18.56 Lakh at 54000 Strike and 11.07 Lakh at 53500 strike and Put writing of 22.24 Lakh at 53000 Strike followed by 17.01 Lakh at 52000 Strike and 15.55 Lakh at 52500 strike. Index is closed near 52810 level.
Index has resistance near 53000 – 53200 range and if index crosses and sustain above 53300 level then may reach near 53500 level. If Index crosses and sustain above 53600 level, then may reach near 54000 level.
Index has immediate support near 52400 – 52300 range and if this support is broken then index may tank near 52000 – 51800 range.
Trade closed: target reached
Open flat and faced resistance in 53000 - 53200 range and tanked and clonear near 53325 level in 52400 - 52300 range.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer
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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.