Banknifty Intraday Analysis for 30th April 2024
BANKNIFTY Highest Call writing of 38.14 Lakh at 50000 strike followed by 29.55 Lakh at 49500 strike. Highest Put writing of 42.87 Lakh at 48500 strike followed by 41.20 Lakh at 49000 strike.
Index crossed and closed above 49000 level and likely to reach near 50000 level if crossed and sustain above 49500 level.
Index has support near 48800 - 49000 level and less likely to go below this level unless new geopolitical crisis arises.
Trade closed: target reached
Reached near 49975 level as analysed and faced resistance near 50000 level and tanked on profit booking.
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: 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
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