Banknifty Intraday Analysis for 27th November 2024
Updated
BANKNIFTY Index closed near 52190 level and Maximum Call and Put Writing near CMP as below in current Monthly contract:
Call Writing
53000 Strike – 31.41 Lakh
52500 Strike – 21.70 Lakh
52200 Strike – 20.57 Lakh
Put Writing
51000 Strike – 31.80 Lakh
52000 Strike – 26.73 Lakh
51500 Strike – 20.16 Lakh
Index has resistance near 52500 – 52600 range and if index crosses and sustains above this level then may reach near 53000 – 53200 range.
Index has immediate support near 51650 - 51550 range and if this support is broken then index may tank near 51100 - 51000 range.
Trade closed: target reached
Open flat and made low near 52020 and bounced with high near 52445 and close near 52300.
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.