Finnifty Intraday Analysis for 20th February 2025
CNXFINANCE Index closed near 23455 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
24000 Strike – 3.92 Lakh
23500 Strike – 2.12 Lakh
23900 Strike – 1.15 Lakh
Put Writing
23500 Strike – 1.62 Lakh
23000 Strike – 1.16 Lakh
23100 Strike – 0.67 Lakh
Index has resistance near 23550 - 23600 range and if index crosses and sustains above this level then may reach near 23725 - 23775 range.
Index has immediate support near 23250 – 23200 range and if this support is broken then index may tank near 23050 – 23000 range.
Trade closed: target reached
Gap down opening with high near 23395 and further tank to low near 23230 and closed near 23280.
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.