Nifty Bank IndexUpdated Banknifty Intraday Analysis for 21st June 2024
BANKNIFTY Maximum Call writing near CMP is at 52000 strike with 21.30 Lakh followed by 20.26 Lakh at 53000 Strike and 14.61 Lakh at 51500 strike and Put writing of 29.25 Lakh at 50000 Strike followed by 25.65 Lakh at 51000 Strike and 19.83 Lakh at 51500 strike. Index is closed near 51785 level.
Index has resistance near 51900 - 52000 range and if index crosses and sustain above 52000 level then may reach near 52500 level.
Index has immediate support near 51200 – 51000 range and if this support is broken then index may tank near 50600 – 50500 range.
Trade closed: target reached
Open flat and faced resistance near 51900 - 52000 range and tanked to low near 51230 level and closed above 51500 level.
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.