Finnifty Intraday Analysis for 29th January 2025
CNXFINANCE Index closed near 22805 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
23000 Strike – 2.14 Lakh
22900 Strike – 1.48 Lakh
22800 Strike – 1.37 Lakh
Put Writing
22300 Strike – 2.40 Lakh
22500 Strike – 1.89 Lakh
22700 Strike – 1.79 Lakh
Index has resistance near 22950 - 23000 range and if index crosses and sustains above this level then may reach near 23100 - 23150 range.
Index has immediate support near 22650 – 22600 range and if this support is broken then index may tank near 22450 – 22400 range.
Trade closed: target reached
Open flat with low near 22805 and made high near 23060 and closed near 23045.
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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