Finnifty Intraday Analysis for 30th December 2024
Updated
CNXFINANCE Index closed near 23790 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
24000 Strike – 5.87 Lakh
24200 Strike – 4.92 Lakh
23800 Strike – 4.62 Lakh
Put Writing
23800 Strike – 5.79 Lakh
23500 Strike – 3.79 Lakh
24000 Strike – 2.85 Lakh
Index has resistance near 23900 - 23950 range and if index crosses and sustains above this level then may reach near 24150 - 24200 range.
Index has immediate support near 23550 – 23500 range and if this support is broken then index may tank near 23200 – 23150 range.
Trade closed: target reached
Open flat and made high near 24045 then tanked to low near 23495 with close 23565.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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