Finnifty Intraday Analysis for 10th October 2024
Updated
CNXFINANCE Index closed near 23545 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 3.44 Lakh
23700 Strike – 2.37 Lakh
23800 Strike – 2.26 Lakh
Put Writing
23500 Strike – 2.31 Lakh
23600 Strike – 1.41 Lakh
23700 Strike –1.25 Lakh
Index has resistance near 23750 - 23850 range and if index crosses and sustains above this level then may reach near 24000 - 24100 range.
Index has immediate support near 23350 – 23250 range and if this support is broken then index may tank near 23100 – 23000 range.
Trade closed: target reached
Gap up opening with high near 23820 with close near 23765.
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