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Nifty Bank Index
Updated

Banknifty Intraday Analysis for 20th June 2024

94
BANKNIFTY

Maximum Call writing near CMP is at 52000 strike with 15.90 Lakh followed by 13.75 Lakh at 51000 Strike and 12.75 Lakh at 51500 strike and Put writing of 21.11 Lakh at 51000 Strike followed by 18.90 Lakh at 50000 Strike and 12.80 Lakh at 50500 strike. Index is closed near 51400 level.

Index has resistance near 51900 - 52000 range and if index crosses and sustain above 52000 level then may reach near 52500 level.

Index has immediate support near 51000 – 50700 range and if this support is broken then index may tank near 50000 level.
Note
Open flat and made low near 51300 then bounced and close near 51760 level.
RKMAURYA
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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Supply and DemandSupport and ResistanceTrend Lines

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Supply and DemandSupport and ResistanceTrend Lines
RKMAURYA
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

Request for follow on X @rkmaurya_ra
Also on:

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.