Finnifty Intraday Analysis for 30th October 2024
CNXFINANCE Index closed near 24360 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 3.81 Lakh
24300 Strike – 1.78 Lakh
24400 Strike – 1.58 Lakh
Put Writing
24000 Strike – 2.16 Lakh
24300 Strike – 1.72 Lakh
23350 Strike – 1.07 Lakh
Index has resistance near 24450 - 24550 range and if index crosses and sustains above this level then may reach near 24700 - 24750 range.
Index has immediate support near 24150 – 24050 range and if this support is broken then index may tank near 23850 – 23800 range.
Trade closed: target reached
Gap down opening with high near 24310 and tank to low near 23995 with close near 24060.
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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