Finnifty Intraday Analysis for 27th November 2024

4 days ago

CNXFINANCE

Index closed near 24045 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
24000 Strike – 0.63 Lakh
25000 Strike – 0.23 Lakh
24500 Strike – 0.11 Lakh

Put Writing
24000 Strike – 0.75 Lakh
23000 Strike – 0.12 Lakh
23500 Strike – 0.09 Lakh

Index has resistance near 24250 - 24350 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range.

However, Index has immediate support near 23750 – 23650 range and if this support is broken then index may tank near 23400 – 23300 range.

3 days ago

Trade closed: target reached

Open flat and made low near 24015 and bounced with high near 24200 and close near 24170.