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.
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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.