Nifty Bank IndexUpdated Banknifty Intraday Analysis for 1st July 2024
BANKNIFTY Maximum Call writing near CMP is at 53000 strike with 39.80 Lakh followed by 20.77 Lakh at 54000 Strike and 20.77 Lakh at 53500 strike and Put writing of 18.77 Lakh at 52000 Strike followed by 18.44 Lakh at 52500 Strike and 18.21 Lakh at 51500 strike. Index is closed near 52340 level.
Index has resistance near 52700 – 52750 range and if index crosses and sustain above 52750 level then may reach near 53000 – 53200 range. If Index crosses and sustain above 53200 level, then may reach near 53500 level.
Index has immediate support near 52000 – 51800 range and if this support is broken then index may tank near 51500 level.
Order cancelled
Open flat and traded in range below 52700 resistance level.
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.