Nifty Bank IndexUpdated Banknifty Intraday Analysis for 28th January 2025
BANKNIFTY Index closed near 48065 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
49000 Strike – 28.04 Lakh
48500 Strike – 13.18 Lakh
48000 Strike – 8.89 Lakh
Put Writing
47000 Strike – 26.31 Lakh
48000 Strike – 14.97 Lakh
47500 Strike – 10.98 Lakh
Index has resistance near 48400 – 48500 range and if index crosses and sustains above this level then may reach near 48900 – 49000 range.
Index has immediate support near 47500 - 47400 range and if this support is broken then index may tank near 47000 - 46900 range.
Trade closed: target reached
Gap up opening with low near 48450 and further made high near 49245 with close near 48865.
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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